Regal Real Estate Investment Trust (HKSE:01881) Momentum Rank : 4 (As of May. 06, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Regal Real Estate Investment Trust Momentum Rank?

Regal Real Estate Investment Trust has the Momentum Rank of 4.

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 Regal Real Estate Investment Trust's Momentum Rank

For the REIT - Hotel & Motel subindustry, Regal Real Estate Investment Trust'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.

Regal Real Estate Investment Trust's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Regal Real Estate Investment Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Regal Real Estate Investment Trust's Momentum Rank falls into.

Regal Real Estate Investment Trust Momentum Rank Related Terms

Thank you for viewing the detailed overview of Regal Real Estate Investment Trust's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Regal Real Estate Investment Trust (HKSE:01881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Regal Real Estate Investment Trust (HKSE:01881) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, Unit No. 2001, 20th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.regalreit.com

Regal Real Estate Investment Trust is a Hong Kong-based REIT that invests in hotel properties, serviced apartments, and commercial properties. The company owns and invests in income-producing hotels, serviced apartments, or commercial properties (including office premises) with the objectives of producing stable and growing distributions to the unitholders of Regal REIT and achieving long-term growth in the net asset value per Unit. the company has two operating segments; the hotel properties segment which invested in the Initial Hotels, iclub Sheung Wan Hotel, iclub Fortress Hill Hotel, and iclub To Kwa Wan Hotel, and the mixed-use property segment which invested in the iclub Wan Chai Hotel. Regal generates the majority of its revenue from the hotel properties segment.

Regal Real Estate Investment Trust (HKSE:01881) Headlines

No Headlines