Design Capital (HKSE:01545) Momentum Rank : 0 (As of May. 31, 2024)

View and export this data going back to 2019. Start your Free Trial

What is Design Capital Momentum Rank?

Design Capital has the Momentum Rank of 0.

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.

Design Capital Momentum Rank Related Terms

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

Design Capital (HKSE:01545) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Design Capital Ltd (HKSE:01545) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Joo Seng Road, No. 07-05, Singapore, SGP, 368357

Website

https://www.designcapital.sg

Design Capital Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the segments of Interior design, Furniture sales, U.S. furniture sales, and corporate. Furniture sales include both furniture sales and project sales and U.S. furniture sales. It derives prime revenue from the U.S. furniture sales segment which represents online sales of furniture in the U.S. market. Geographically the group has a business presence in the U.S., Singapore, Malaysia, and Brunei.

Executives

Beh Pur-lin Elaine
Goon Eu Jin Terence
Nobel Design International Limited
Tan Thiam Siew
Wee Ai Quey
Kho Chuan Thye Patrick
Sng Su Ying Marian
Kho Choon Keng
Lian Huat Group Pte. Ltd.
Lian Keng Enterprises Pte Ltd
Southern Cross Holdings Pte. Ltd.
Yuen Woon Siew Marilyn

Design Capital (HKSE:01545) Headlines

No Headlines