Continental Holdings (TPE:3703) Momentum Rank : 9 (As of Jun. 18, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Continental Holdings Momentum Rank?

Continental 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 Continental Holdings's Momentum Rank

For the Engineering & Construction subindustry, Continental 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.

Continental Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Continental Holdings's Momentum Rank distribution charts can be found below:

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

Continental Holdings Momentum Rank Related Terms

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

Continental Holdings (TPE:3703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Continental Holdings Corp (TPE:3703) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 95, Dun-Hua South Road, Section 2, 23rd Floor, Da'an District, Taipei, TWN, 106

Website

https://www.continental-holdings.com

Continental Holdings Corp is a Taiwan-based investment holding company that is primarily engaged in civil engineering and construction, real estate development and environmental engineering. The company operates in following segment: Construction Engineering; Real Estate Development; Environmental Project Development and Water Treatment and Investment. Construction Engineering include civil construction and building construction. Real Estate Development include real estate development and lease. Environmental Project Development and Water Treatment include expertise in processing sewage, industrial wastewater, solid waste, etc. Investment to integrate operating strategy, supervising and monitoring each operating segments operation and control and allocate each operating segment.

Continental Holdings (TPE:3703) Headlines

No Headlines