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LFM Properties (PHS:LPC) Momentum Rank : 0 (As of Jun. 20, 2024)


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What is LFM Properties Momentum Rank?

LFM Properties 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.

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LFM Properties (PHS:LPC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LFM Properties Corp (PHS:LPC) » Definitions » Momentum Rank
Comparable Companies
PHS:CIP PHS:PHA PHS:CEI PHS:PHES PHS:APVI PHS:WIN PHS:ATN PHS:IDC PHS:KPH PHS:KPPI CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW
Traded in Other Exchanges
N/A
Address
835 A. Arnaiz Avenue, 3rd Floor, Liberty Building, Makati, PHL
Website
https://www.lfmproperty.com
LFM Properties Corp is engaged in the real estate business. It holds, develops, manages, administer, sells, convey, encumber, purchase, acquire, rent, or otherwise deal in and dispose all kinds of real estate projects. The company derives all its revenues from the real estate properties it owns and leases out to tenants.

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