Keck Seng Investments (Hong Kong) (HKSE:00184) Momentum Rank : 10 (As of May. 12, 2024)

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What is Keck Seng Investments (Hong Kong) Momentum Rank?

Keck Seng Investments (Hong Kong) has the Momentum Rank of 10.

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 Keck Seng Investments (Hong Kong)'s Momentum Rank

For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong)'s Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Momentum Rank falls into.

Keck Seng Investments (Hong Kong) Momentum Rank Related Terms

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Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Keck Seng Investments (Hong Kong) Ltd (HKSE:00184) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

KCKSF:USA KEC:Germany

Address

168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.keckseng.com.hk

Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.

Keck Seng Investments (Hong Kong) (HKSE:00184) Headlines

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