Central Azucarera De Tarlac (PHS:CAT) Momentum Rank : 10 (As of May. 27, 2024)

View and export this data going back to 1977. Start your Free Trial

What is Central Azucarera De Tarlac Momentum Rank?

Central Azucarera De Tarlac has the Momentum Rank of 10.

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 Central Azucarera De Tarlac's Momentum Rank

For the Confectioners subindustry, Central Azucarera De Tarlac'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.

Central Azucarera De Tarlac's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Central Azucarera De Tarlac's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Central Azucarera De Tarlac's Momentum Rank falls into.

Central Azucarera De Tarlac Momentum Rank Related Terms

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

Central Azucarera De Tarlac (PHS:CAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Central Azucarera De Tarlac Inc (PHS:CAT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

San miguel, Tarlac, PHL, 1231

Website

http://www.luisitasugar.com

Central Azucarera De Tarlac Inc is a company engaged in the business of sugar milling. It engages in the production of raw and refined sugar, alcohol, liquid carbon dioxide and yeast. It operates through the following segments: Sugar and by-Products, Real estate and Industrial services. The Sugar and by-Products segment involve the production of sugar and sugar by-products. Real estate and Industrial services include developing, leasing and selling real properties and other ancillary services. The Sugar and By-Products segment accounts majorly in the firm's revenue while it principally operates in the Philippines.