Nakamoto Packs Co (TSE:7811) Momentum Rank : 8 (As of May. 30, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Nakamoto Packs Co Momentum Rank?

Nakamoto Packs Co has the Momentum Rank of 8.

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 Nakamoto Packs Co's Momentum Rank

For the Specialty Business Services subindustry, Nakamoto Packs 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.

Nakamoto Packs Co's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nakamoto Packs Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Nakamoto Packs Co's Momentum Rank falls into.

Nakamoto Packs Co Momentum Rank Related Terms

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

Nakamoto Packs Co (TSE:7811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nakamoto Packs Co Ltd (TSE:7811) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8 Karahori-cho,, Tennoji Ward, Osaka, JPN, 543-0012

Website

http://www.npacks.co.jp

Nakamoto Packs Co Ltd engages in the marketing of print processing and molding products. It offers double-sided position printing, coater processing, sheet printing, dry lamination, decorative sheets for building materials, soft material packaging, special bags, and non-woven fabric-related services. The company also provides coatings for electronic parts, pharmaceutical packaging materials, building materials, daily necessities, and automotive interior materials; and engages in plate making activities.

Nakamoto Packs Co (TSE:7811) Headlines

No Headlines