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Kingsmen Creatives (SGX:5MZ) Momentum Rank : 3 (As of Jun. 21, 2024)


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What is Kingsmen Creatives Momentum Rank?

Kingsmen Creatives has the Momentum Rank of 3.

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 Kingsmen Creatives's Momentum Rank

For the Consulting Services subindustry, Kingsmen Creatives'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.


Kingsmen Creatives's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kingsmen Creatives's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kingsmen Creatives's Momentum Rank falls into.



Kingsmen Creatives Momentum Rank Related Terms

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Kingsmen Creatives (SGX:5MZ) Business Description

Traded in Other Exchanges
Address
22 Changi Business Park Central 2, The Kingsmen Experience, Singapore, SGP, 486032
Kingsmen Creatives Ltd is engaged in investment holding and providing corporate marketing and other related services. The company operates in five business segments. The Exhibitions, Thematic and Attractions segments relate to the production of exhibition displays for trade shows and promotional events, as well as the production of thematic and scenic displays for theme parks. Its Retail and corporate interiors segment provides interior fitting-out services to commercial and retail properties. Research and design segment designs work for upmarket specialty stores, eateries, corporate offices, showrooms, and festivals. The Alternative marketing segment includes event management, branding consultancy services and custom publishing, and Corporate and Other segments provide corporate services.

Kingsmen Creatives (SGX:5MZ) Headlines

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