Bloomberry Resorts (PHS:BLOOM) Momentum Rank : 10 (As of May. 13, 2024)

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What is Bloomberry Resorts Momentum Rank?

Bloomberry Resorts 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 Bloomberry Resorts's Momentum Rank

For the Resorts & Casinos subindustry, Bloomberry Resorts'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.

Bloomberry Resorts's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bloomberry Resorts's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Bloomberry Resorts's Momentum Rank falls into.

Bloomberry Resorts Momentum Rank Related Terms

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Bloomberry Resorts (PHS:BLOOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bloomberry Resorts Corp (PHS:BLOOM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BLBRF:USA

Address

1 Asean Avenue, The Executive Offices, Solaire Resort & Casino, Entertainment City, Tambo, Paranaque, PHL, 1701

Website

https://www.bloomberry.ph

Bloomberry Resorts Corp is a resorts and casinos company that owns and manages various properties. The company has one primary business segment, Integrated Resort Facility, that develops tourist facilities such as casino-entertainment complexes, hotels, and retail chains. The company's casinos possess both gaming tables and electronic gaming machines. The company owns and operates casinos such as the Solaire Resort & Casino, Jeju Sun Hotel & Casino, and Sky Tower. It generates the vast majority of its revenue in the Philippines.

Bloomberry Resorts (PHS:BLOOM) Headlines

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