Pacific Century Premium Developments (Pacific Century Premium Developments) Momentum Rank : 4 (As of May. 24, 2024)

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What is Pacific Century Premium Developments Momentum Rank?

Pacific Century Premium Developments has the Momentum Rank of 4.

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 Pacific Century Premium Developments's Momentum Rank

For the Real Estate Services subindustry, Pacific Century Premium Developments'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.

Pacific Century Premium Developments's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pacific Century Premium Developments's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pacific Century Premium Developments's Momentum Rank falls into.

Pacific Century Premium Developments Momentum Rank Related Terms

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Pacific Century Premium Developments (Pacific Century Premium Developments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pacific Century Premium Developments Ltd (OTCPK:PCPDF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

00432:Hong Kong DOF5:Germany

Address

100 Cyberport Road, 8th Floor, Cyberport 2, Hong Kong, HKG

Website

https://www.pcpd.com

Pacific Century Premium Developments Ltd is principally engaged in property and infrastructure businesses. Its segments include All-season recreational activities in Japan, Property investment in Indonesia Property development and golf operation in Thailand, Property development in Japan, Hotel operations in Japan, Property and facilities management in Hong Kong, Property development in Hong Kong, and Other businesses. its geographical presence in Japan, Hong Kong, Thailand and Indonesia, of which revenue is generated from Indonesia.

Pacific Century Premium Developments (Pacific Century Premium Developments) Headlines

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