Gulf & Pacific Equities (TSXV:GUF) Momentum Rank : 6 (As of Jun. 03, 2024)

View and export this data going back to 1998. Start your Free Trial

What is Gulf & Pacific Equities Momentum Rank?

Gulf & Pacific Equities has the Momentum Rank of 6.

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 Gulf & Pacific Equities's Momentum Rank

For the Real Estate Services subindustry, Gulf & Pacific Equities'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.

Gulf & Pacific Equities's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gulf & Pacific Equities's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Gulf & Pacific Equities's Momentum Rank falls into.

Gulf & Pacific Equities Momentum Rank Related Terms

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

Gulf & Pacific Equities (TSXV:GUF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gulf & Pacific Equities Corp (TSXV:GUF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7

Website

https://www.gpequities.com

Gulf & Pacific Equities Corp is a Canada-based company, which owns and operates commercial rental properties in Western Canada. It acquires, manages, and develops anchored shopping malls in rural centres in Alberta and British Columbia. The company's portfolio consists of over three properties located in Northern Alberta.

Executives

Anthony Cohen

10% Security Holder, Director, Senior Officer

Gulf & Pacific Equities (TSXV:GUF) Headlines

No Headlines