GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TSH Corp Ltd (SGX:KUH) » Definitions » Momentum Rank

TSH (SGX:KUH) Momentum Rank : 0 (As of Jun. 11, 2024)


View and export this data going back to 2000. Start your Free Trial

What is TSH Momentum Rank?

TSH 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.


TSH Momentum Rank Related Terms

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


TSH (SGX:KUH) Business Description

Traded in Other Exchanges
N/A
Address
315 Outram Road, No. 14-02 Tan Boon Liat Building, Singapore, SGP, 169074
TSH Corp Ltd is an investment holding company. It operates in a single segment of wholesale and retail sales of food and beverages. The company offers premium whiskies and cocktails. It operates outlets covering five distinct concepts, namely, Quaich Bar, The Other Room, The Other Roof, Copper and Signature Reserve. The Group operates in Singapore.

TSH (SGX:KUH) Headlines

No Headlines