Dypnf Co (XKRX:104460) Momentum Rank : 1 (As of May. 27, 2024)

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What is Dypnf Co Momentum Rank?

Dypnf Co has the Momentum Rank of 1.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Dypnf Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Dypnf Co's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dypnf Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dypnf Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Dypnf Co's Momentum Rank falls into.

Dypnf Co Momentum Rank Related Terms

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Dypnf Co (XKRX:104460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dypnf Co Ltd (XKRX:104460) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gasan-dong, 17th and 18th Floor, IT Premier Tower 345-50, Geumcheon-gu, Seoul, KOR, 08590

Website

http://www.dypnf.com

Dypnf Co Ltd is engaged in manufacturing automated material handling system (AMHS) for FPD manufacturers and other IT industries, bagging and palletizing systems for petrochemical industries, and logistics systems for the distribution field. The company manufactures Pneumatic conveying system, Mechanical conveying system and Storage silo & Blending silo. Its business scope covers various fields such as steel and iron, ceramic, cement, fertilizer, environment and energy industries. The organization has a business presence in Korea and other countries such as Mexico, Brazil, Indonesia, Kuwait, Thailand, Taiwan and others.

Dypnf Co (XKRX:104460) Headlines

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