GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Services Group Ltd (OTCPK:DVNHF) » Definitions » Momentum Rank

Frontier Services Group (Frontier Services Group) Momentum Rank : 8 (As of Jun. 07, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Frontier Services Group Momentum Rank?

Frontier Services Group has the Momentum Rank of 8.

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 Frontier Services Group's Momentum Rank

For the Integrated Freight & Logistics subindustry, Frontier Services 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.


Frontier Services Group's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Services Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Frontier Services Group's Momentum Rank falls into.



Frontier Services Group Momentum Rank Related Terms

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


Frontier Services Group (Frontier Services Group) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Suite 3902, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Frontier Services Group Ltd is an investment holding company. The Group is principally engaged in the provision of aviation, logistics, security, insurance and infrastructure related services and the provision of online financial market information. It operates in three business segments that are Aviation and Logistics Business; Financial Market Information Business, which provides online financial market information; and Security, Insurance, and Infrastructure Business. The Aviation and Logistics Business segment generates maximum revenue for the company. Its geographical segments are Africa, Europe, Mainland China, Hong Kong, and South-East Asia & Middle-East.

Frontier Services Group (Frontier Services Group) Headlines

No Headlines