PT Lenox Pasifik Investama Tbk (ISX:LPPS) Momentum Rank : 1 (As of May. 29, 2024)

View and export this data going back to 1994. Start your Free Trial

What is PT Lenox Pasifik Investama Tbk Momentum Rank?

PT Lenox Pasifik Investama Tbk has the Momentum Rank of 1.

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 Lenox Pasifik Investama Tbk's Momentum Rank

For the Capital Markets subindustry, PT Lenox Pasifik Investama 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 Lenox Pasifik Investama Tbk's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Lenox Pasifik Investama Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Lenox Pasifik Investama Tbk's Momentum Rank falls into.

PT Lenox Pasifik Investama Tbk Momentum Rank Related Terms

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

PT Lenox Pasifik Investama Tbk (ISX:LPPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PT Lenox Pasifik Investama Tbk (ISX:LPPS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LPS1:Germany

Address

Ruko Pinangsia, Karawaci Office Park, Lantai 3, Blok M No.39-50, Lippo Karawaci, Tangerang, IDN, 15139

Website

https://www.lenox-pasifik.co.id

PT Lenox Pasifik Investama Tbk is engaged in the service sector carrying out activities such as holding companies and other management consulting activities. The company is divided into segments, namely, management consulting activities and investment income. The holding company activities of the company involve doing activities as a holding company and other management consultation activities involve providing advisory services, guidance, and business operations and other organizational and management issues, such as planning strategies and organizations; decisions relating to finance; marketing objectives, and policies; human resource planning, practices, and policies; planning production scheduling and controlling.

PT Lenox Pasifik Investama Tbk (ISX:LPPS) Headlines

No Headlines