GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FSE Lifestyle Services Ltd (HKSE:00331) » Definitions » Momentum Rank

FSE Lifestyle Services (HKSE:00331) Momentum Rank : 5 (As of May. 25, 2024)


View and export this data going back to 2015. Start your Free Trial

What is FSE Lifestyle Services Momentum Rank?

FSE Lifestyle Services has the Momentum Rank of 5.

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 FSE Lifestyle Services's Momentum Rank

For the Engineering & Construction subindustry, FSE Lifestyle Services'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.


FSE Lifestyle Services's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, FSE Lifestyle Services's Momentum Rank distribution charts can be found below:

* The bar in red indicates where FSE Lifestyle Services's Momentum Rank falls into.



FSE Lifestyle Services Momentum Rank Related Terms

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


FSE Lifestyle Services (HKSE:00331) Business Description

Traded in Other Exchanges
N/A
Address
Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.
Executives
Doo Wai Hoi William 2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy 2201 Interest of corporation controlled by you
Fse Holdings Limited 2201 Interest of corporation controlled by you
Sino Spring Global Limited 2201 Interest of corporation controlled by you
Fse Management Company Limited 2101 Beneficial owner

FSE Lifestyle Services (HKSE:00331) Headlines

No Headlines