GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Q Holding PJSC (ADX:QHOLDING) » Definitions » Momentum Rank

Q Holding PJSC (ADX:QHOLDING) Momentum Rank : 0 (As of May. 27, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Q Holding PJSC Momentum Rank?

Q Holding PJSC 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.

Q Holding PJSC Momentum Rank Related Terms

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

Q Holding PJSC (ADX:QHOLDING) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Q Holding PJSC (ADX:QHOLDING) » Definitions » Momentum Rank
Comparable Companies
ADX:ESHRAQ ADX:KICO CSGP HKSE:00012 CBRE HKSE:00020 STC:VIC HKSE:01972 TSE:8830 HKSE:06098 HKSE:01997 STC:VHM TSX:BPY.UN HKSE:00101 SHSE:600606 XTER:LEG XTER:AT1 HKSE:03319 XSWX:SPSN XTAE:AZRG
Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE
Website
https://www.qholding.com
Q Holding PJSC is an investment holding company. It focused on the development, management, sales, and leasing of real estate projects, launching and managing educational, hospitality, and healthcare projects, and acquiring controlling interests in strategic companies. Its operating segments include Real Estate, Hospitality, Labour accommodation, and Others. It derives the maximum revenue from the Real Estate segment.

Q Holding PJSC (ADX:QHOLDING) Headlines

No Headlines