Tam Jai International Co (HKSE:02217) Momentum Rank : 4 (As of Dec. 11, 2024)

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What is Tam Jai International Co Momentum Rank?

Tam Jai International Co has the Momentum Rank of 4.

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 Tam Jai International Co's Momentum Rank

For the Restaurants subindustry, Tam Jai International Co'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.

Tam Jai International Co's Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tam Jai International Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tam Jai International Co's Momentum Rank falls into.

Tam Jai International Co Momentum Rank Related Terms

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Tam Jai International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tam Jai International Co Ltd (HKSE:02217) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

29S:Germany

Address

No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.tamjai-intl.com

Tam Jai International Co Ltd is a chain restaurant operator for fast-casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong. It restaurants trade in the name of TamJai and SamGor.

Executives

Awata Takaya	2201 Interest of corporation controlled by you
Awata Toshimi	2202 Interest of your spouse
Toridoll Holding Limited	2101 Beneficial owner
Toridoll Holdings Corporation	2201 Interest of corporation controlled by you

Tam Jai International Co Headlines

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