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Styland Holdings (FRA:SYHN) Momentum Rank : 9 (As of May. 17, 2024)


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What is Styland Holdings Momentum Rank?

Styland Holdings has the Momentum Rank of 9.

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 Styland Holdings's Momentum Rank

For the Capital Markets subindustry, Styland Holdings'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.


Styland Holdings's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Styland Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Styland Holdings's Momentum Rank falls into.



Styland Holdings Momentum Rank Related Terms

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Styland Holdings (FRA:SYHN) Business Description

Traded in Other Exchanges
Address
111 Connaught Road Central, Room 1111, 11 Floor, Wing On Centre, Sheung Wan, Hong Kong, HKG
Styland Holdings Ltd acts as an investment holding company. It has diversified its operations into four segments - Financial Services, Mortgage Financing, Property Development and Investment, Insurance brokerage, and Securities Trading. The majority of its revenue is derived from the Financial Services segment which includes provides securities dealing, brokerage financing, corporate finance, asset management, and other financing services.

Styland Holdings (FRA:SYHN) Headlines

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