GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Raffles Interior Ltd (HKSE:01376) » Definitions » Momentum Rank

Raffles Interior (HKSE:01376) Momentum Rank : 1 (As of May. 25, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Raffles Interior Momentum Rank?

Raffles Interior has the Momentum Rank of 1.

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 Raffles Interior's Momentum Rank

For the Consulting Services subindustry, Raffles Interior'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.


Raffles Interior's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Raffles Interior's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Raffles Interior's Momentum Rank falls into.



Raffles Interior Momentum Rank Related Terms

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


Raffles Interior (HKSE:01376) Business Description

Traded in Other Exchanges
N/A
Address
59 Sungei Kadut Loop, Singapore, SGP, 729490
Raffles Interior Ltd is a Singapore-based investment holding company. The company is principally engaged in the provision of interior fitting-out services. The company's fitting-out services include project management and construction management of the interior fitting-out project, construction and installation of interior fitting-out works, customizing, manufacturing and supply of carpentry/joinery and integral fixtures, and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.
Executives
Low Lek Huat 2201 Interest of corporation controlled by you
Zhong Ji Huan Qiu Qi Ye You Xian Gong Si 2101 Beneficial owner
Union Expert Investment Holding Limited 2101 Beneficial owner
Cao Chengpeng 2201 Interest of corporation controlled by you
Sng Siew Luan Emily 2202 Interest of your spouse
Pan Lulu 2202 Interest of your spouse
Ong Poh Eng 2202 Interest of your spouse
Ng Foo Wah 2201 Interest of corporation controlled by you
Neo Bee Ling Pauline 2202 Interest of your spouse
Chua Boon Par 2201 Interest of corporation controlled by you
Low Lek Hee 2201 Interest of corporation controlled by you
Loke Yoke Mei 2202 Interest of your spouse
Lo Lek Chew 2201 Interest of corporation controlled by you
Lim Bee Peng 2202 Interest of your spouse
Leong Wai Kit 2201 Interest of corporation controlled by you

Raffles Interior (HKSE:01376) Headlines

No Headlines