SG Holdings Co (TSE:9143) Momentum Rank : 4 (As of Apr. 27, 2024)

View and export this data going back to 2017. Start your Free Trial

What is SG Holdings Co Momentum Rank?

SG Holdings Co 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 SG Holdings Co's Momentum Rank

For the Integrated Freight & Logistics subindustry, SG 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.

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

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

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

SG Holdings Co Momentum Rank Related Terms

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

SG Holdings Co (TSE:9143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SG Holdings Co Ltd (TSE:9143) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SGHHF:USA

Address

68 Tsunoda-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8104

Website

http://www.sg-hldgs.co.jp

SG Holdings Co Ltd along with its subsidiaries provides logistics oriented one-stop solutions. The company is also engaged in Real estate to make effective use of real estate and facilities infrastructure centering on logistics, Automobile business in order to manufacture eco-specification vehicles, Human resource business to improve operations and improve service quality by sorting work at delivery bases, and it is also engaged in other business such as finance, IT, and human resource development.

SG Holdings Co (TSE:9143) Headlines

No Headlines