GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DCI Advisors Ltd (LSE:DCI) » Definitions » Momentum Rank

DCI Advisors (LSE:DCI) Momentum Rank : 0 (As of Jun. 10, 2024)


View and export this data going back to 2005. Start your Free Trial

What is DCI Advisors Momentum Rank?

DCI Advisors 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.


DCI Advisors Momentum Rank Related Terms

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


DCI Advisors (LSE:DCI) Business Description

Traded in Other Exchanges
N/A
Address
Tortola Pier Park, Building 1, 2nd Floor, Wickams Cay 1, Tortola, Road Town, VGB
DCI Advisors Ltd is a real estate investment company, which focuses on the early-stage, large-scale, leisure-integrated residential resorts in southeast Europe. Some of the projects include Kilada Hills Golf Resort, One&Only Kea Island, Scorpio Bay, Lavender Bay, Plaka Bay, Apollo Heights Polo, Livka Bay, and La Vanta - Mediterra Resorts.