Grand City Properties (HAM:GYC) Momentum Rank : 10 (As of May. 15, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Grand City Properties Momentum Rank?

Grand City Properties has the Momentum Rank of 10.

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 Grand City Properties's Momentum Rank

For the Real Estate Services subindustry, Grand City Properties'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.

Grand City Properties's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand City Properties's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Grand City Properties's Momentum Rank falls into.

Grand City Properties Momentum Rank Related Terms

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

Grand City Properties (HAM:GYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grand City Properties SA (HAM:GYC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GRNNF:USA 0RPK:UK GYC:Germany GYC:Austria

Address

37, Boulevard Joseph II, Luxembourg, LUX, L-1840

Website

https://www.grandcityproperties.com

Grand City Properties SA is a real estate company. It is a specialist real estate company focused on buying, re-developing, optimizing, repositioning, investing and managing value-add opportunities in the German real estate market. The company is also involved in asset and property management activities along with the real estate value chain. Its portfolio is mainly located in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg.