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McDonald's Holdings Co (Japan) (TSE:2702) Momentum Rank

: 9 (As of Today)
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McDonald's Holdings Co (Japan) has the Momentum Rank of 9.

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.

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Competitive Comparison

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'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.


McDonald's Holdings Co (Japan) Momentum Rank Distribution

For the Restaurants industry and Consumer Cyclical sector, McDonald's Holdings Co (Japan)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where McDonald's Holdings Co (Japan)'s Momentum Rank falls into.



McDonald's Holdings Co (Japan) Momentum Rank Related Terms

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McDonald's Holdings Co (Japan) (TSE:2702) Business Description

Traded in Other Exchanges
Address
6-5-1 Nishi-Shinjuku, Shinjuku i-Land Tower, Shinjuku-ku, Tokyo, JPN, 163-1339
McDonald's Holdings Co (Japan) Ltd has a license to operate McDonald's fast-food restaurants in Japan. The company owns and operates more than 1,000 restaurants and franchises more than 2,000 restaurants. Roughly three-quarters of McDonald's Holdings Japan's revenue is from sales at the fast-food restaurants that it owns and operates. Most remaining revenue consists of royalties from its franchisees. McDonald's Holdings Japan pays royalties to McDonald's based on sales at its owned and franchised restaurants.

McDonald's Holdings Co (Japan) (TSE:2702) Headlines

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