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Kimly (SGX:1D0) Momentum Rank : 1 (As of May. 14, 2024)


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What is Kimly Momentum Rank?

Kimly 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 Kimly's Momentum Rank

For the Restaurants subindustry, Kimly'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.


Kimly's Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kimly's Momentum Rank distribution charts can be found below:

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



Kimly Momentum Rank Related Terms

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


Kimly (SGX:1D0) Business Description

Traded in Other Exchanges
N/A
Address
13 Woodlands Link, Singapore, SGP, 738725
Kimly Ltd is an investment holding company that engages in the business of coffee shops and food courts. The company is engaged in operating coffee shops including leasing food outlet premises to tenants, a sale of food, beverages and tobacco products, and providing management services to third-party coffee shops. It also retails cooked food through stalls. It operates through the following segments: Outlet management, Outlet investment business, Food retail and Others The firm generates the majority of its revenue from the food retail segment.

Kimly (SGX:1D0) Headlines

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