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A-Smart Holdings (A-Smart Holdings) Momentum Rank : 5 (As of Jun. 07, 2024)


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What is A-Smart Holdings Momentum Rank?

A-Smart Holdings has the Momentum Rank of 5.

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 A-Smart Holdings's Momentum Rank

For the Specialty Business Services subindustry, A-Smart 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.


A-Smart Holdings's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, A-Smart Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where A-Smart Holdings's Momentum Rank falls into.



A-Smart Holdings Momentum Rank Related Terms

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A-Smart Holdings (A-Smart Holdings) Business Description

Traded in Other Exchanges
Address
61 Tai Seng Avenue, No. 03-03, Print Media Hub, Paya Lebar iPark, Singapore, SGP, 534167
A-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Property, Print and Media, Smart Technologies and Corporate and Others. It generates maximum revenue from the Print Media segment. The Print Media segment is involved in the printing of financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, yearbooks, trade directories, magazines, other commercial publications, collaterals and event management. Geographically, it derives revenue from Singapore.

A-Smart Holdings (A-Smart Holdings) Headlines

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