GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Koc Holding AS (OTCPK:KHOLY) » Definitions » Momentum Rank

KHOLY (Koc Holding AS) Momentum Rank : 2 (As of Dec. 13, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Koc Holding AS Momentum Rank?

Koc Holding AS has the Momentum Rank of 2.

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 Koc Holding AS's Momentum Rank

For the Conglomerates subindustry, Koc Holding AS'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.


Koc Holding AS's Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Koc Holding AS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Koc Holding AS's Momentum Rank falls into.



Koc Holding AS Momentum Rank Related Terms

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


Koc Holding AS Business Description

Traded in Other Exchanges
Address
Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674
Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The company operates five core business segments Energy, Automotive, Consumer durables, Finance and Other. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS Headlines

From GuruFocus

Q2 2024 Koc Holding AS Earnings Call Transcript

By GuruFocus News 10-09-2024

Koc Holding AS's Dividend Analysis

By GuruFocus Research 04-23-2024