SUTL Enterprise (SGX:BHU) Momentum Rank : 3 (As of May. 29, 2024)

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What is SUTL Enterprise Momentum Rank?

SUTL Enterprise has the Momentum Rank of 3.

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 SUTL Enterprise's Momentum Rank

For the Leisure subindustry, SUTL Enterprise'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.

SUTL Enterprise's Momentum Rank Distribution in the Travel & Leisure Industry

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

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

SUTL Enterprise Momentum Rank Related Terms

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SUTL Enterprise (SGX:BHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SUTL Enterprise Ltd (SGX:BHU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

100J Pasir Panjang Road, SUTL House, Number 05-00, Singapore, SGP, 118525

Website

https://www.sutlenterprise.com

SUTL Enterprise Ltd develops infrastructure for integrated marinas and also provides consultancy services for marina projects. It operates its own marinas under its proprietary ONE 15 brand, as well as those of third parties under management contracts. The company's source of revenue includes the sale of goods and services, and Membership and management fees. Geographically group is active in Singapore and Malaysia and derives key revenue from Singapore.

SUTL Enterprise (SGX:BHU) Headlines

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