JBB Builders International (HKSE:01903) Momentum Rank : 6 (As of Jun. 25, 2024)

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What is JBB Builders International Momentum Rank?

JBB Builders International has the Momentum Rank of 6.

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 JBB Builders International's Momentum Rank

For the Engineering & Construction subindustry, JBB Builders International'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.

JBB Builders International's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, JBB Builders International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where JBB Builders International's Momentum Rank falls into.

JBB Builders International Momentum Rank Related Terms

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JBB Builders International (HKSE:01903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JBB Builders International Ltd (HKSE:01903) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20-01, Jalan Sri Perkasa 2/18, Taman Tampoi Utama, Johor Bahru, JHR, MYS, 81200

Website

http://www.jbb.com.my

JBB Builders International Ltd is an established engineering contractor. Its business is divided into three types of services namely Marine construction services; Building and infrastructure services and Trading business of marine gas oil. The Marine construction services are further classified into reclamation and related works and marine transportation whereas the Building and infrastructure services include general building works in the construction of properties and infrastructure works. Geographically, it derives revenue from Singapore.

Executives

Ng Say Piyu	2101 Beneficial owner
Ngooi Leng Swee	2202 Interest of your spouse
Jbb Jade Investment Limited
Jbb Berlian Investment Limited

JBB Builders International (HKSE:01903) Headlines

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