MRC Allied (PHS:MRC) Momentum Rank : 4 (As of Jun. 06, 2024)

View and export this data going back to 1995. Start your Free Trial

What is MRC Allied Momentum Rank?

MRC Allied 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 MRC Allied's Momentum Rank

For the Real Estate - Development subindustry, MRC Allied'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.

MRC Allied's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MRC Allied's Momentum Rank distribution charts can be found below:

* The bar in red indicates where MRC Allied's Momentum Rank falls into.

MRC Allied Momentum Rank Related Terms

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

MRC Allied (PHS:MRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MRC Allied Inc (PHS:MRC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 Carlos Palanca Street, 4th Floor, Spirit of Communications Building, Legazpi Village, Makati, PHL, 1229

Website

https://www.mrcallied.com

MRC Allied Inc is an investment holding company. It operates through the following segments: Development and Sale of real estate projects; Mining activities; and Renewable energy. The company is also engaged in the development of master-planned, integrated residential, commercial, recreational, tourism, and industrial areas within a single community or township. Its projects include MRC Tampakan, MRC Surigao, MRC Davao, MRC Boston-Cateel, and others.