Bangkok Post PCL (BKK:POST-F) Momentum Rank : 0 (As of Jun. 09, 2024)

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What is Bangkok Post PCL Momentum Rank?

Bangkok Post PCL has the Momentum Rank of 0.

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.

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Bangkok Post PCL (BKK:POST-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bangkok Post PCL (BKK:POST-F) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Sunthorn Kosa Road, Kwang Klong Toey, Khet Klong Toey, Bangkok, THA, 10110

Website

https://www.bangkokpost.co.th

Bangkok Post PCL is engaged in the publishing & distribution of newspapers, magazines, and books. The company provides news and information through the Bangkok Post, Thailand's oldest English-language daily newspaper. It also produces and publishes the English-language lifestyle magazines GURU and B Magazine; Post Today, a Thai-language online news site, and News Clear, an online video channel dedicated to current affairs and trends. Its segment Publishing and advertising segment derives the majority of the revenue; with the Production of television programs segment; and the Others segment deriving earning revenue.

Bangkok Post PCL (BKK:POST-F) Headlines

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