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Mud & Hound PCL (BKK:MUD) Momentum Rank : 3 (As of May. 28, 2024)


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What is Mud & Hound PCL Momentum Rank?

Mud & Hound PCL has the Momentum Rank of 3.

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 Mud & Hound PCL's Momentum Rank

For the Restaurants subindustry, Mud & Hound PCL'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.


Mud & Hound PCL's Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mud & Hound PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Mud & Hound PCL's Momentum Rank falls into.



Mud & Hound PCL Momentum Rank Related Terms

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Mud & Hound PCL (BKK:MUD) Business Description

Traded in Other Exchanges
N/A
Address
206, Soi Pattanakarn 20, Suan Luang, Suan Luang, Bangkok, THA, 10250
Mud & Hound PCL is a Thailand based company principally engaged in investment holding, management services for related parties and distribution of food. The company operates in two segments, Food and Beverage, and Garment. The Food and Beverage segment produces and distributes snacks, drinks, ice cream and operates restaurants. The Garment segment manufactures and distributes clothing and leatherwork. It generates maximum revenue from the Food and Beverage segment. It has operations in Thailand as well as Overseas.

Mud & Hound PCL (BKK:MUD) Headlines

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