WHA PCL (BKK:WHA) Momentum Rank : 9 (As of May. 31, 2024)

View and export this data going back to 2012. Start your Free Trial

What is WHA PCL Momentum Rank?

WHA PCL has the Momentum Rank of 9.

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 WHA PCL's Momentum Rank

For the Real Estate Services subindustry, WHA PCL'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.

WHA PCL's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where WHA PCL's Momentum Rank falls into.

WHA PCL Momentum Rank Related Terms

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

WHA PCL (BKK:WHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WHA Corp PCL (BKK:WHA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WHA-F:Thailand

Address

Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli,, Samut Prakarn, THA, 10540

Website

https://www.wha-group.com

WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments: Real Estate, Power, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of Leases & Services and Sales. Geographically, it operates in the domestic market and overseas market.

WHA PCL (BKK:WHA) Headlines

No Headlines