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JHSF Participacoes (BSP:JHSF3) Momentum Rank : 7 (As of May. 01, 2024)


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What is JHSF Participacoes Momentum Rank?

JHSF Participacoes 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 JHSF Participacoes's Momentum Rank

For the Real Estate - Development subindustry, JHSF Participacoes'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.


JHSF Participacoes's Momentum Rank Distribution in the Real Estate Industry

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

* The bar in red indicates where JHSF Participacoes's Momentum Rank falls into.



JHSF Participacoes Momentum Rank Related Terms

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JHSF Participacoes (BSP:JHSF3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Magalhaes de Castro, 4.800 Torre 3 Continental Tower – 27th floor, Sao Paulo, SP, BRA, 05502-001
JHSF Participacoes SA is a real estate company. The company is involved in in the development, purchase and sale, as well as lease of residential and commercial properties; the construction and operation of shopping centers; the provision of administration and contract management services, and the operation of hotels and tourist activities. JHSF has four segments of business: Recurring income, Real estate business and airport, Hotels and restaurants and Main administrative office.

JHSF Participacoes (BSP:JHSF3) Headlines

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