Viceroy Hotels (BOM:523796) Momentum Rank : 9 (As of Jun. 25, 2024)

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What is Viceroy Hotels Momentum Rank?

Viceroy Hotels 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 Viceroy Hotels's Momentum Rank

For the Lodging subindustry, Viceroy Hotels'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.

Viceroy Hotels's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viceroy Hotels's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Viceroy Hotels's Momentum Rank falls into.

Viceroy Hotels Momentum Rank Related Terms

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Viceroy Hotels (BOM:523796) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viceroy Hotels Ltd (BOM:523796) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VHLTD:India

Address

1-3-1036/3/1 Tank Bund Road, Gandhi Nagar, Hyderabad, TG, IND, 500080

Website

https://www.viceroyhotels.in

Viceroy Hotels Ltd operates hotels and convention centers and provides related lodging facilities. The company has one operating segment, the Business of Hoteliers. Its hotel and restaurants comprise Hotel Marriott, Hotel Courtyard Marriott, Minerva Coffee Shop, and Bluefox. The company also owns fine-dining restaurants and bars in Hyderabad and Vijayawada.

Viceroy Hotels (BOM:523796) Headlines

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