Galaxy Entertainment Group (HKSE:00027) Momentum Rank : 5 (As of Dec. 14, 2024)

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What is Galaxy Entertainment Group Momentum Rank?

Galaxy Entertainment Group has the Momentum Rank of 5.

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 Galaxy Entertainment Group's Momentum Rank

For the Resorts & Casinos subindustry, Galaxy Entertainment Group'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.

Galaxy Entertainment Group's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Galaxy Entertainment Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Galaxy Entertainment Group's Momentum Rank falls into.

Galaxy Entertainment Group Momentum Rank Related Terms

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Galaxy Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galaxy Entertainment Group Ltd (HKSE:00027) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GXYYY:USA GXYEF:USA KW9A:Germany

Address

111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.galaxyentertainment.com

Galaxy Entertainment is one of six casino licenseholders in Macao. Its major properties include Starworld casino in the Macao Peninsula, and Galaxy Macau phases 1, 2 and 3 in Cotai, with a hotel capacity of approximately 5,564 rooms as of the end of June 2024.

Executives

Lui Yiu Tung, Francis	2101 Beneficial owner
Lui Che Woo	2101 Beneficial owner
Lui Wai Yu, Paddy	2101 Beneficial owner
Jpmorgan Chase & Co.	2502 Approved lending agent
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you

Galaxy Entertainment Group Headlines

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