Eusu Holdings Co (XKRX:000700) Momentum Rank : 2 (As of Jun. 09, 2024)

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What is Eusu Holdings Co Momentum Rank?

Eusu Holdings 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 Eusu Holdings Co's Momentum Rank

For the Marine Shipping subindustry, Eusu Holdings 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.

Eusu Holdings Co's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eusu Holdings Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Eusu Holdings Co's Momentum Rank falls into.

Eusu Holdings Co Momentum Rank Related Terms

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Eusu Holdings Co (XKRX:000700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eusu Holdings Co Ltd (XKRX:000700) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Road 25, Yeongdeungpo-gu, Seoul International Financial, Seoul, KOR

Website

http://www.eusu-holdings.com

Eusu Holdings Co Ltd is a Korea-based company engaged in the provisions of shipping and logistics services. The company provides marine transportation, shipbuilding consulting and other related services. In addition, it also renders service which includes ship design and construction supervision, certification management consulting, purchase and distribution of ship supplies, the supply of oils, and safety management consulting. The company's logistics services consist of air and marine shipping, overland, and railroad transport, customs, project goods transport, warehouse storage and many more.

Eusu Holdings Co (XKRX:000700) Headlines

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