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First Pacific Co (First Pacific Co) Momentum Rank : 1 (As of Apr. 27, 2024)


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What is First Pacific Co Momentum Rank?

First Pacific 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 First Pacific Co's Momentum Rank

For the Packaged Foods subindustry, First Pacific 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.

First Pacific Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Pacific Co's Momentum Rank distribution charts can be found below:

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


First Pacific Co Momentum Rank Related Terms

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First Pacific Co (First Pacific Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » First Pacific Co Ltd (OTCPK:FPAFF) » Definitions » Momentum Rank
Comparable Companies
HKSE:01579 HKSE:02517 HKSE:09985 HKSE:09676 HKSE:06683 HKSE:01610 HKSE:00345 HKSE:01112 HKSE:01475 HKSE:01497 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SHSE:600887 LSE:ABF SZSE:300999 BIMBOA
Traded in Other Exchanges
FPAFY:USA 00142:Hong Kong FPC:Germany
Address
8 Connaught Place, 24th Floor, Two Exchange Square, Central, Hong Kong, HKG
Website
https://www.firstpacific.com
First Pacific Co Ltd is an investment holding company. It aims to achieve capital appreciation and dividends for its investors through investment across various sectors. Its portfolio comprises telecommunications, consumer food products, infrastructure, and natural resources segment. The company generates maximum revenue from the consumer food products segment. Geographically, it derives a majority of its revenue from Indonesia.