Anshin Guarantor Service Co (TSE:7183) Momentum Rank : 2 (As of May. 07, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Anshin Guarantor Service Co Momentum Rank?

Anshin Guarantor Service Co has the Momentum Rank of 2.

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 Anshin Guarantor Service Co's Momentum Rank

For the Credit Services subindustry, Anshin Guarantor Service 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.

Anshin Guarantor Service Co's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Anshin Guarantor Service Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Anshin Guarantor Service Co's Momentum Rank falls into.

Anshin Guarantor Service Co Momentum Rank Related Terms

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

Anshin Guarantor Service Co (TSE:7183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Anshin Guarantor Service Co Ltd (TSE:7183) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Kyobashi 1-chome 11th No. 8, Nishigin MID building, 6th floor, Yubinbango, Tokyo, JPN, 104-0031

Website

http://www.srgs.co.jp

Anshin Guarantor Service Co.,Ltd., is engaged in providing guarantee business for rental debt. Its product list includes anshin plus, life anshin plus, ion card de rent and apulus anshin rent guarantee.

Anshin Guarantor Service Co (TSE:7183) Headlines

No Headlines