Kusuri No Aoki Holdings (TSE:3549) Momentum Rank : 7 (As of May. 16, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Kusuri No Aoki Holdings Momentum Rank?

Kusuri No Aoki Holdings 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 Kusuri No Aoki Holdings's Momentum Rank

For the Pharmaceutical Retailers subindustry, Kusuri No Aoki Holdings'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.

Kusuri No Aoki Holdings's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kusuri No Aoki Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kusuri No Aoki Holdings's Momentum Rank falls into.

Kusuri No Aoki Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Kusuri No Aoki Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Kusuri No Aoki Holdings (TSE:3549) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kusuri No Aoki Holdings (TSE:3549) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st Yokoe-cho 4 Block, Ishikawa Prefecture, Hakusan, JPN, 924-8510

Website

http://www.kusuri-aoki.co.jp

Kusuri No Aoki Holdings is a pharmaceutical retail chain that sells health, beauty, and cleaning supplies. The company operates stores that focus primarily on residential areas in Japan. Kusuri's business includes pharmaceutical drugs, and the company also operates a bone-marrow bank. The company breaks out its sales into four different product lines, including health, beauty, life, and dispensing. The vast majority of the company's revenue is derived from its life product category, followed by beauty products. Most of Kusuri's revenue is derived from the Hokuriku region.

Kusuri No Aoki Holdings (TSE:3549) Headlines

No Headlines