Fraser and Neave (Fraser and Neave) Momentum Rank : 0 (As of Jun. 21, 2024)

View and export this data going back to 2012. Start your Free Trial

What is Fraser and Neave Momentum Rank?

Fraser and Neave 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.

Fraser and Neave Momentum Rank Related Terms

Thank you for viewing the detailed overview of Fraser and Neave's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Fraser and Neave (Fraser and Neave) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fraser and Neave Ltd (OTCPK:FNEVF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

F99:Singapore FNV2:Germany

Address

438 Alexandra Road, Number 20-00 Alexandra Point, Singapore, SGP, 119958

Website

https://www.fraserandneave.com

Fraser and Neave Ltd is a Singapore-based company that operates through four segments: dairies, beverages, publishing and printing industries, and others. The dairies segment generates the majority of total revenue by manufacturing, marketing, and selling dairy products. The beverages segment is the next contributor to total revenue through the production and selling of soft drinks and alcoholic beverages. The publishing and printing business operates through a network of offices, printing plants, and distributors. The company mainly operates in Thailand, Malaysia, Singapore, Indochina, Indonesia, Myanmar and Philippines.

Fraser and Neave (Fraser and Neave) Headlines

No Headlines