Osotspa PCL (BKK:OSP) Momentum Rank : 4 (As of May. 10, 2024)

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What is Osotspa PCL Momentum Rank?

Osotspa PCL has the Momentum Rank of 4.

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 Osotspa PCL's Momentum Rank

For the Beverages - Non-Alcoholic subindustry, Osotspa PCL'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.

Osotspa PCL's Momentum Rank Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Osotspa PCL's Momentum Rank distribution charts can be found below:

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

Osotspa PCL Momentum Rank Related Terms

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Osotspa PCL (BKK:OSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Osotspa PCL (BKK:OSP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

OSOPF:USA

Address

348 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240

Website

https://www.osotspa.com

Osotspa PCL is engaged in the manufacturing and distribution of consumer products, comprising energy drinks and personal care products. In addition, the Group also engaged in providing manufacturing services, distribution of goods and providing marketing services. The company operates in three reportable segments Beverage, Personal care and Others. The majority of its revenue comes from the Beverage segment. Some of its Energy Drink brands include M-150, SHARK ENERGY DRINK, PEPTEIN, SLIMMA, V+, M-STORM, and others. Geographically, it generates the Majority of its revenue from the domestic market.

Osotspa PCL (BKK:OSP) Headlines

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