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Logan Property Holdings Co (Logan Property Holdings Co) Momentum Rank : 8 (As of May. 14, 2024)


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What is Logan Property Holdings Co Momentum Rank?

Logan Property Holdings Co has the Momentum Rank of 8.

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 Logan Property Holdings Co's Momentum Rank

For the Real Estate - Development subindustry, Logan Property Holdings 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.


Logan Property Holdings Co's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Logan Property Holdings Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Logan Property Holdings Co's Momentum Rank falls into.



Logan Property Holdings Co Momentum Rank Related Terms

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Logan Property Holdings Co (Logan Property Holdings Co) Business Description

Traded in Other Exchanges
Address
Xinghua Road South, Room 2002, Tower B, Logan Century Center, Bao'An District, Shenzen, CHN
Logan Property Holdings is a general real estate investment company. The company operates multiple segments, including property development, Property operation, Development Management, and Urban redevelopment along with Property operation segment The vast majority of revenue is generated by its property development segment, followed by development management. The development business is focused on the development of residential properties and retail shops, while its management operations are focused on office properties and residential buildings. Logan generates all of its revenue in Mainland China.

Logan Property Holdings Co (Logan Property Holdings Co) Headlines

From GuruFocus

Value Partners Boosts Stake in Logan Properties

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