Nakabayashi Co (TSE:7987) Momentum Rank : 7 (As of May. 30, 2024)

View and export this data going back to 1981. Start your Free Trial

What is Nakabayashi Co Momentum Rank?

Nakabayashi Co has the Momentum Rank of 7.

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 Nakabayashi Co's Momentum Rank

For the Specialty Business Services subindustry, Nakabayashi 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.

Nakabayashi Co's Momentum Rank Distribution in the Business Services Industry

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

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

Nakabayashi Co Momentum Rank Related Terms

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

Nakabayashi Co (TSE:7987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nakabayashi Co Ltd (TSE:7987) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-1, Higashi-Sakashita, 2-Chome, Itabashi-Ku, Tokyo, JPN, 174-8602

Website

http://www.nakabayashi.co.jp

Nakabayashi Co Ltd is a Japan-based company. It mainly offers business equipment and services. Its principal business activities include consumer-communications business, office appliance business, and process solution business. The company offers various products and services including data printing service, solution service for the library, temporary-employment service, storage box, gadget accessories, paper for printing, office furniture, and waste paper recycling. Nakabayashi is also engaged in woody biomass power generation, Solar power generation and agriculture business.

Nakabayashi Co (TSE:7987) Headlines

No Headlines