Y T Realty Group (Y T Realty Group) Momentum Rank : 2 (As of May. 17, 2024)

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What is Y T Realty Group Momentum Rank?

Y T Realty Group has the Momentum Rank of 2.

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 Y T Realty Group's Momentum Rank

For the Real Estate - Development subindustry, Y T Realty Group'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.

Y T Realty Group's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Y T Realty Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Y T Realty Group's Momentum Rank falls into.

Y T Realty Group Momentum Rank Related Terms

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Y T Realty Group (Y T Realty Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Y T Realty Group Ltd (OTCPK:YTRGF) » Definitions » Momentum Rank

Traded in Other Exchanges

00075:Hong Kong

Address

26 Harbour Road, 25th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.ytrealtygroup.com.hk

Y T Realty Group Ltd is a property investment company. The group is organized into four business segments - The property investment segment invests in properties for rental income and potential capital appreciation. The property development and trading segment comprises the development and trading of properties. The treasury management segment which invests in debt securities and time deposits for earning interest income, and The property management and related services segment. The company carries out its operations in Hong Kong, Mainland China and the United Kingdom out of which the Mainland China contributes the vast majority of revenue.

Y T Realty Group (Y T Realty Group) Headlines

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