Helbor Empreendimentos (BSP:HBOR3) Momentum Rank : 7 (As of Apr. 30, 2024)

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What is Helbor Empreendimentos Momentum Rank?

Helbor Empreendimentos 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 Helbor Empreendimentos's Momentum Rank

For the Real Estate Services subindustry, Helbor Empreendimentos'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.

Helbor Empreendimentos's Momentum Rank Distribution in the Real Estate Industry

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

* The bar in red indicates where Helbor Empreendimentos's Momentum Rank falls into.

Helbor Empreendimentos Momentum Rank Related Terms

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Helbor Empreendimentos (BSP:HBOR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Helbor Empreendimentos SA (BSP:HBOR3) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Vereador Narciso Yague Guimaraes,, 1.145, 15th Floor, Mogi Das Cruzes, SP, BRA, 8710500

Website

https://www.helbor.com.br

Helbor Empreendimentos SA is a Brazil-based company which engages in incorporation of real estate projects, as well as the provision of venture management services and acquisition, administration, development, lease and management of corporate buildings, shopping malls, parking lots, strip malls, industrial warehouses and hotel. . The firm also provides real estate development management services. Its portfolio includes residential, industrial, and commercial properties. Its revenue sources include revenue from sales of properties and management fee.

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