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Consultatio (BUE:CTIO) Momentum Rank : 0 (As of May. 02, 2024)


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What is Consultatio Momentum Rank?

Consultatio has the Momentum Rank of 0.

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.

Consultatio Momentum Rank Related Terms

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Consultatio (BUE:CTIO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Consultatio SA (BUE:CTIO) » Definitions » Momentum Rank
Comparable Companies
BSP:MELK3 BSP:LOGG3 BSP:HBOR3 BSP:TRIS3 BSP:LAVV3 BSP:HBRE3 BSP:MDNE3 BSP:MULT3 BSP:ALOS3 BSP:SCAR3 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
N/A
Address
Leandro N. Alem 815, 12th Floor, Buenos Aires, ARG, C1106ACV
Website
http://www.consultatio.com.ar
Consultatio SA is engaged in the real estate activities. The activities of the company include the development of village cities, high-end residential towers, sale and rental of office buildings, and resorts. The projects of the company include Nordelta, ports, residential towers like a gold tower and grand Bourg, and office towers like Alem plaza and Catalinas Norte.

Consultatio (BUE:CTIO) Headlines

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