Multiplan Empreendimentos Imobiliarios (Multiplan Empreendimentos Imobiliarios) Momentum Rank : 5 (As of May. 13, 2024)

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What is Multiplan Empreendimentos Imobiliarios Momentum Rank?

Multiplan Empreendimentos Imobiliarios has the Momentum Rank of 5.

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 Multiplan Empreendimentos Imobiliarios's Momentum Rank

For the Real Estate Services subindustry, Multiplan Empreendimentos Imobiliarios'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.

Multiplan Empreendimentos Imobiliarios's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Multiplan Empreendimentos Imobiliarios's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Multiplan Empreendimentos Imobiliarios's Momentum Rank falls into.

Multiplan Empreendimentos Imobiliarios Momentum Rank Related Terms

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Multiplan Empreendimentos Imobiliarios (Multiplan Empreendimentos Imobiliarios) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Multiplan Empreendimentos Imobiliarios SA (OTCPK:MLTTY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MULT3:Brazil

Address

Avenida das Americas, 4200, Bloco 2 - 5th andar, Sala 501, Barra da Tijuca, CEP, Rio de Janeiro, RJ, BRA, 22640-102

Website

https://www.multiplan.com.br

Multiplan Empreendimentos Imobiliarios SA is a general real estate company. The company reports four segments: Properties for lease, Real estate for sale, Projects, and Management and other. The vast majority of the company's revenue is derived from its properties for lease segment, which leases shopping malls. The properties for sale segment builds and sells properties in the surrounding areas of the shopping malls. The company generates its revenue in Brazil. The company utilizes merger and acquisition investment as part of its growth strategy.

Multiplan Empreendimentos Imobiliarios (Multiplan Empreendimentos Imobiliarios) Headlines

From GuruFocus

Q4 2023 Multiplan Empreendimentos Imobiliarios SA Earnings Call (English, Portuguese) Transcript

By GuruFocus Research • 02-12-2024