Lilama 45.1 JSC (HSTC:L45) Momentum Rank : 0 (As of Jan. 18, 2025)

View and export this data going back to 2016. Start your Free Trial

What is Lilama 45.1 JSC Momentum Rank?

Lilama 45.1 JSC 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.

Lilama 45.1 JSC Momentum Rank Related Terms

Thank you for viewing the detailed overview of Lilama 45.1 JSC's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Lilama 45.1 JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lilama 45.1 JSC (HSTC:L45) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Group 14, Xom Goc Hamlet, Long An Commune, Long Thanh District, Dong Nai Province, Ho Chi Minh City, VNM

Website

http://www.lilama45-1.com

Lilama 45.1 JSC is a Vietnam-based company that is engaged in industrial construction and machinery installation. Its activities comprise of design and fabrication of Pressure Vessel tank, Pressure Pipe and Processing Pipe, Mechanical Equipment, Steel Structure; Installation of Tank and Pressure vessel, Technological and Pressure Pipe, Transformer Substation and Transmission line, Insulation and refractory. Its services include maintenance, sand blasting, painting, and workforce supply.

Lilama 45.1 JSC Headlines

No Headlines