Bukit Sembawang Estates (SGX:B61) Momentum Rank : 8 (As of Mar. 03, 2025)

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What is Bukit Sembawang Estates Momentum Rank?

Bukit Sembawang Estates has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Bukit Sembawang Estates's Momentum Rank

For the Real Estate - Development subindustry, Bukit Sembawang Estates'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.

Bukit Sembawang Estates's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bukit Sembawang Estates's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Bukit Sembawang Estates's Momentum Rank falls into.

Bukit Sembawang Estates Momentum Rank Related Terms

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Bukit Sembawang Estates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bukit Sembawang Estates Ltd (SGX:B61) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

B1W1:Germany

Address

2 Bukit Merah Central, No. 13-01, Singapore, SGP, 159835

Website

http://www.bsel.sg

Bukit Sembawang Estates Ltd is an investment holding company. The principal activities of the group and subsidiaries are those relating to investment holding, property development, and operation of serviced apartments. The company's portfolio includes landed homes, private condominiums, and apartments. Its reportable segments are; Property development, Investment holding. and Hospitality. The maximum revenue is generated from its Property development segment which is engaged in the development of residential properties for sale.

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