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The Kingsbury (COL:SERV.N0000) Momentum Rank : 0 (As of Jun. 05, 2024)


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What is The Kingsbury Momentum Rank?

The Kingsbury 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.

The Kingsbury Momentum Rank Related Terms

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The Kingsbury (COL:SERV.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Kingsbury PLC (COL:SERV.N0000) » Definitions » Momentum Rank
Comparable Companies
BOM:530065 BOM:523796 TSXV:LHR BOM:526761 BOM:526373 BOM:531198 BOM:526755 BOM:542599 BOM:532145 BOM:532124 BOM:537839 BOM:526687 BOM:507966 BOM:526640 SGX:5HH IST:ULAS BSE:BCM BOM:507981 BOM:508664 SGX:40B
Traded in Other Exchanges
N/A
Address
No. 48, Janadhipathi Mawatha, The Kingsbury Hotel Colombo, Colombo, LKA, 01
Website
https://www.thekingsburyhotel.com
The Kingsbury PLC is engaged in the hotel business. It offers business services, Fitness Facilities among others. The company's segments include Room sales, Food & Beverage sales, and Other hotel-related revenue. The firm generates the majority of its revenues from Food and Beverage sales.

The Kingsbury (COL:SERV.N0000) Headlines

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