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KDDI (STU:DIP) Momentum Rank : 3 (As of Dec. 11, 2024)


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What is KDDI Momentum Rank?

KDDI has the Momentum Rank of 3.

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 KDDI's Momentum Rank

For the Telecom Services subindustry, KDDI'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.

KDDI's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KDDI's Momentum Rank distribution charts can be found below:

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


KDDI Momentum Rank Related Terms

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

KDDI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » KDDI Corp (STU:DIP) » Definitions » Momentum Rank
Comparable Companies
TSE:9984 TSE:9434 TSE:9432 TSE:3774 TSE:9449 TSE:9418 TSE:9436 TSE:4485 TSE:3738 TSE:9416 TMUS SHSE:600941 CMCSA VZ T XTER:DTE NSE:BHARTIARTL HKSE:00728 MEX:AMX B CHTR
Traded in Other Exchanges
KDDIY:USA KDDIF:USA 9433:Japan DIP:Germany
Address
Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, JPN, 102-8460
Website
http://www.kddi.com
KDDI is Japan's second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share) and the second-largest provider of fibre-to-the-home broadband (12% market share). It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service. It is also looking to grow its Life Design business which includes commerce, energy, and finance and had over 46 million Internet of Things connections by the end of June 2024.