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APEOF (Coloured Ties Capital) Momentum Rank : 7 (As of Dec. 15, 2024)


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What is Coloured Ties Capital Momentum Rank?

Coloured Ties Capital 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 Coloured Ties Capital's Momentum Rank

For the Asset Management subindustry, Coloured Ties Capital'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.

Coloured Ties Capital's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coloured Ties Capital's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Coloured Ties Capital's Momentum Rank falls into.


Coloured Ties Capital Momentum Rank Related Terms

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Coloured Ties Capital Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coloured Ties Capital Inc (OTCPK:APEOF) » Definitions » Momentum Rank
Comparable Companies
XCNQ:WEBV TSXV:AIVC TSX:CIQ.UN XCNQ:BHCC TSXV:ELC XCNQ:TCC XCNQ:TLP.UN XCNQ:SOL XCNQ:QCA TSXV:MONT BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
TIE:Canada
Address
1055 West Georgia Street, PO box 11117, Vancouver, BC, CAN, V6G 2Z6
Website
https://www.colouredtiescapital.com
Coloured Ties Capital Inc, is an investment company, focusing on opportunities that disrupt their business sectors. The company is having extensive expertise in portfolio allocation, investment selection, and due diligence. The company has one operating segment, being the acquisition and sale of investments in other companies.