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UOL Group (UOL Group) Momentum Rank : 2 (As of May. 04, 2024)


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What is UOL Group Momentum Rank?

UOL Group has the Momentum Rank of 2.

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 UOL Group's Momentum Rank

For the Real Estate - Development subindustry, UOL Group'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.


UOL Group's Momentum Rank Distribution in the Real Estate Industry

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

* The bar in red indicates where UOL Group's Momentum Rank falls into.



UOL Group Momentum Rank Related Terms

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UOL Group (UOL Group) Business Description

Traded in Other Exchanges
Address
101 Thomson Road, No. 33-00 United Square, Singapore, SGP, 307591
UOL Group Ltd is a general real estate company. The company maintains an extensive portfolio in Singapore that is composed of development and investment properties, hotels, and serviced suites. The development properties consist of residential units, office towers, and shopping centers. UOL Group's property development segment generates the vast majority of its revenue, followed by hotel operations. The company considers merger and acquisition investment as a potential component of its operational growth strategy.

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