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Oxley Holdings (STU:8OX1) Momentum Rank : 5 (As of Jun. 05, 2024)


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What is Oxley Holdings Momentum Rank?

Oxley Holdings 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 Oxley Holdings's Momentum Rank

For the Real Estate - Development subindustry, Oxley 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.


Oxley Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Oxley Holdings's Momentum Rank distribution charts can be found below:

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



Oxley Holdings Momentum Rank Related Terms

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Oxley Holdings (STU:8OX1) Business Description

Traded in Other Exchanges
Address
138 Robinson Road, No. 30-01 Oxley Tower, Singapore, SGP, 068906
Oxley Holdings Ltd develops and invests in properties internationally. The group has a diversified portfolio with property development projects in Singapore, the United Kingdom, Cambodia, Malaysia, Ireland, Indonesia, and China, in addition to investment projects in Singapore, Cambodia, Malaysia, and Japan. Additionally, the group provides project management and consultancy services in Myanmar. The group has residential, commercial, and industrial projects. The group operates in the following business segments: Property Development, Property Investment, Hotel, and Corporate. The Property Development segment generates almost all the group's revenue through the sale of properties. In terms of geographic segments, most of the company's revenue is derived from Singapore.

Oxley Holdings (STU:8OX1) Headlines

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