Matson (Matson) Momentum Rank : 9 (As of May. 06, 2024)

View and export this data going back to 1992. Start your Free Trial

What is Matson Momentum Rank?

Matson 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 of Matson's Momentum Rank

For the Marine Shipping subindustry, Matson'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.

Matson's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Matson's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Matson's Momentum Rank falls into.

Matson Momentum Rank Related Terms

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

Matson (Matson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Matson Inc (NYSE:MATX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

68M:Germany

Address

1411 Sand Island Parkway, Honolulu, HI, USA, 96819

Website

https://www.matson.com

Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.

Executives

Grace M Cerocke	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Richard S Kinney	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Laura L Rascon	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Christopher A Scott	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Angoco Vic S Jr	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Matthew J Cox	officer: CFO of wholly-owned subsidiary	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kuuhaku T Park	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Peter T Heilmann	officer: SVP & Chief Legal Officer	555 12TH STREET, OAKLAND CA 94607
Leonard P Isotoff	officer: Senior Vice President	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Mark H Fukunaga	director	MATSON, INC., 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John P Lauer	officer: Senior Vice President	555 12TH STREET, OAKLAND CA 94607
Kevin L Stuck	officer: VP and Controller	426 N. 44TH STREET, 2ND FL., PHOENIX AZ 85008
Rusty K Rolfe	officer: Senior Vice President, other: President of Matson Logistics	1855 GATEWAY BOULEVARD, CONCORD CA 94520
Jenai S Wall	director	999 BISHOP STREET, HONOLULU HI 96813
Thomas B Fargo	director	P.O. BOX 730, HONOLULU HI 96808