SLD Entertainment (TSE:3223) Momentum Rank : 3 (As of Jun. 06, 2024)

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What is SLD Entertainment Momentum Rank?

SLD Entertainment 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 SLD Entertainment's Momentum Rank

For the Restaurants subindustry, SLD Entertainment'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.

SLD Entertainment's Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SLD Entertainment's Momentum Rank distribution charts can be found below:

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

SLD Entertainment Momentum Rank Related Terms

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SLD Entertainment (TSE:3223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SLD Entertainment Inc (TSE:3223) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-20-2 Shinoni-ku, Daiichi Shimizu Building (Reception: 2nd Floor), Tokyo, JPN, 150-0041

Website

http://www.sld-inc.com

SLD Entertainment Inc operates chain of restaurants. It operates a dining cafe under the kawara CAFE & DINING brand name; and food and beverage outlets under the LOOP brand name. Geographically, the activities are carried out through the region of Japan.

SLD Entertainment (TSE:3223) Headlines

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