DFI Retail Group Holdings (DFI Retail Group Holdings) Momentum Rank : 3 (As of Apr. 30, 2024)

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What is DFI Retail Group Holdings Momentum Rank?

DFI Retail Group Holdings has the Momentum Rank of 3.

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 DFI Retail Group Holdings's Momentum Rank

For the Grocery Stores subindustry, DFI Retail Group Holdings'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.

DFI Retail Group Holdings's Momentum Rank Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, DFI Retail Group Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where DFI Retail Group Holdings's Momentum Rank falls into.

DFI Retail Group Holdings Momentum Rank Related Terms

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DFI Retail Group Holdings (DFI Retail Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » DFI Retail Group Holdings Ltd (OTCPK:DFIHY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

D01:Singapore

Address

979 King’s Road, Quarry Bay, 11th Floor, P.O. Box 286, G.P.O, Devon House, Taikoo Place, Hong Kong, HKG

Website

https://www.dfiretailgroup.com

DFI Retail Group Holdings Ltd is an Asian retailer that operates in five segments: Food, Health and Beauty, Home Furnishings, Restaurants, and Other Retailing. Food comprises grocery retail and convenience store businesses (including Yonghui, a grocery retailer in the Chinese mainland). Health and Beauty comprise the health and beauty businesses, Home Furnishings is the Group's IKEA business, Restaurants is the Group's associate Maxim's, a food and beverage company, and Other Retailing represents the department stores, specialty, and Do-It-Yourself (DIY) stores of the Group's Philippines associate, Robinsons Retail.