Heeton Holdings (SGX:5DP) Momentum Rank : 8 (As of Jun. 05, 2024)

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What is Heeton Holdings Momentum Rank?

Heeton Holdings 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 Heeton Holdings's Momentum Rank

For the Lodging subindustry, Heeton Holdings'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.

Heeton Holdings's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heeton Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Heeton Holdings's Momentum Rank falls into.

Heeton Holdings Momentum Rank Related Terms

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Heeton Holdings (SGX:5DP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Heeton Holdings Ltd (SGX:5DP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SST:Germany

Address

60 Paya Lebar Road, No. 08-36 Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.heeton.com

Heeton Holdings Ltd is a real estate conglomerate providing property development, investment, and management services. The company's real estate portfolio includes commercial properties such as shopping malls, serviced offices, and hotels. Its operating segments include Property Investment; Property development; Hospitality; and Corporate. The company generates maximum revenue from the Hospitality segment that is involved in hotel operations and related services. Geographically, it derives the majority of its revenue from the United Kingdom.

Heeton Holdings (SGX:5DP) Headlines

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