GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Yamau Holdings Co Ltd (TSE:5284) » Definitions » Momentum Rank

Yamau Holdings Co (TSE:5284) Momentum Rank

: 9 (As of Today)
View and export this data going back to 1995. Start your Free Trial

Yamau Holdings Co 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.

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


Competitive Comparison

For the Building Materials subindustry, Yamau Holdings 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.


Yamau Holdings Co Momentum Rank Distribution

For the Building Materials industry and Basic Materials sector, Yamau Holdings Co's Momentum Rank distribution charts can be found below:

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



Yamau Holdings Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Yamau Holdings Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Yamau Holdings Co (TSE:5284) Business Description

Traded in Other Exchanges
N/A
Address
5-15-7 Higashi Irube, Sawara-ku, Fukuoka Prefecture, Fukuoka, JPN, 811-1102
Yamau Holdings Co Ltd Is a Japan based company engaged in engineering, manufacturing and selling concrete products. It offers civil products, including river rocks, type retaining walls, sewer drains, functional concrete, and dam related products. The concrete product portfolio of the company comprises Aquapond S-type, Green rock, Kagomasu, Tameloop, Loop Arch, FA Box, Precast box culvert, fire protection water tank, power rock, super cliff, three side channel and YT channel, among others.

Yamau Holdings Co (TSE:5284) Headlines

No Headlines