PT Jakarta Setiabudi Internasional Tbk (ISX:JSPT) Momentum Rank : 3 (As of Jun. 17, 2024)

View and export this data going back to 1998. Start your Free Trial

What is PT Jakarta Setiabudi Internasional Tbk Momentum Rank?

PT Jakarta Setiabudi Internasional Tbk has the Momentum Rank of 3.

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 PT Jakarta Setiabudi Internasional Tbk's Momentum Rank

For the Real Estate Services subindustry, PT Jakarta Setiabudi Internasional Tbk'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.

PT Jakarta Setiabudi Internasional Tbk's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Jakarta Setiabudi Internasional Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Jakarta Setiabudi Internasional Tbk's Momentum Rank falls into.

PT Jakarta Setiabudi Internasional Tbk Momentum Rank Related Terms

Thank you for viewing the detailed overview of PT Jakarta Setiabudi Internasional Tbk's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Jakarta Setiabudi Internasional Tbk (ISX:JSPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Jakarta Setiabudi Internasional Tbk (ISX:JSPT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan HR Rasuna Said Kav. 62, Setiabudi 2 Building, 3A Floor, Jakarta, IDN, 12920

Website

https://en.jsi.co.id

PT Jakarta Setiabudi Internasional Tbk is a real estate company. The company's business activities mainly cover the ownership, management, rental, and sales of office buildings, hotels, townhouses, real estate, shopping centers, and apartments, both directly as well as in collaboration with other parties. The company operates in four segments namely Hotel, Real estate, Rental of office space, and Rental of the retail center. It generates a majority of its revenue from the Hotel Segment.

PT Jakarta Setiabudi Internasional Tbk (ISX:JSPT) Headlines

No Headlines