KLCC Property & Holdings Bhd (XKLS:5235SS) Momentum Rank : 7 (As of May. 17, 2024)

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What is KLCC Property & Holdings Bhd Momentum Rank?

KLCC Property & Holdings Bhd has the Momentum Rank of 7.

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 KLCC Property & Holdings Bhd's Momentum Rank

For the REIT - Diversified subindustry, KLCC Property & Holdings Bhd'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.

KLCC Property & Holdings Bhd's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KLCC Property & Holdings Bhd's Momentum Rank distribution charts can be found below:

* The bar in red indicates where KLCC Property & Holdings Bhd's Momentum Rank falls into.

KLCC Property & Holdings Bhd Momentum Rank Related Terms

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KLCC Property & Holdings Bhd (XKLS:5235SS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » KLCC Property & Holdings Bhd (XKLS:5235SS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

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Address

Jalan Sultan Hishamuddin, Levels 33 & 34, Menara Dayabumi, Kuala Lumpur, MYS, 50050

Website

https://www.klcc.com.my

KLCC Property & Holdings Bhd is a real estate investment company engaged in the ownership, management, and redevelopment of office and retail space in Malaysia. Its property portfolio consists of offices, retail, and hotel. Through its subsidiaries, it also provides facility management services and car parking management services. Its segments are Property investment providing office rental of office spaces and other related activities; Property investment providing retail rental of retail spaces and other related activities; Hotel operations providing rental of hotel rooms, the sale of food and beverages and other related activities; and, car park operations, management of a real estate investment trust and general management services.

KLCC Property & Holdings Bhd (XKLS:5235SS) Headlines

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