Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Momentum Rank : 10 (As of Jun. 12, 2024)

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What is Langham Hospitality Investments and Langham Hospitality Investments Momentum Rank?

Langham Hospitality Investments and Langham Hospitality Investments has the Momentum Rank of 10.

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 Langham Hospitality Investments and Langham Hospitality Investments's Momentum Rank

For the Lodging subindustry, Langham Hospitality Investments and Langham Hospitality Investments'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.

Langham Hospitality Investments and Langham Hospitality Investments's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Langham Hospitality Investments and Langham Hospitality Investments's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Langham Hospitality Investments and Langham Hospitality Investments's Momentum Rank falls into.

Langham Hospitality Investments and Langham Hospitality Investments Momentum Rank Related Terms

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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Langham Hospitality Investments and Langham Hospitality Investments Ltd (HKSE:01270) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Harbour Road, Great Eagle Centre, Suite 2702, 27th Floor, Wanchai, Hong Kong, HKG

Website

https://www.langhamhospitality.com

Langham Hospitality Investments and Langham Hospitality Investments Ltd is a holdings company involved in the lodging industry. The company operates through three business segments, Langham, Cordis, and Eaton. Langham invests in a portfolio of hotels with a focus on the Asian market. The business segments, Langham, Cordis, and Eaton are individual hotels based in Hong Kong. Langham is involved with the food, meeting, and conference space offerings at each of these hotels. The company generates all of its revenue in Hong Kong.

Executives

Great Eagle Holdings Limited	2201 Interest of corporation controlled by you
Lo Ka Shui	2201 Interest of corporation controlled by you
Hsbc International Trustee Limited	2301 Trustee

Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Headlines

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