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The Azur Selection (XPAR:MLAZR) Momentum Rank : 0 (As of May. 31, 2024)


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What is The Azur Selection Momentum Rank?

The Azur Selection has the Momentum Rank of 0.

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.

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The Azur Selection (XPAR:MLAZR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Azur Selection SA (XPAR:MLAZR) » Definitions » Momentum Rank
Comparable Companies
XPAR:MLHOT XPAR:HDP XPAR:MLHIN XPAR:ALLHB MAR HLT LSE:IHG HTHT H XPAR:AC LSE:WTB BOM:500850 WH CHH SHSE:600754 BKK:MINT SZSE:000069 SAU:4100 SHSE:600258 HKSE:00069
Traded in Other Exchanges
N/A
Address
19 Stratarchou Alexandrou Papagou Str., Voula, GRC, 16673
Website
https://www.azurselection.com
The Azur Selection SA is a real estate investment company, with interests in hospitality in Greece and the South of France. Its objective is to progressively become a majorly holding company in the field of hotel and hospitality investments and real estate both in Greece and France by providing excellent hospitality services and offering a range of special experiences to its customers.

The Azur Selection (XPAR:MLAZR) Headlines

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