Azeus Systems Holdings (SGX:BBW) Momentum Rank : 2 (As of Dec. 16, 2024)

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What is Azeus Systems Holdings Momentum Rank?

Azeus Systems Holdings has the Momentum Rank of 2.

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 Azeus Systems Holdings's Momentum Rank

For the Information Technology Services subindustry, Azeus Systems 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.

Azeus Systems Holdings's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Azeus Systems Holdings's Momentum Rank distribution charts can be found below:

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

Azeus Systems Holdings Momentum Rank Related Terms

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Azeus Systems Holdings Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

979 Kings Road, 33rd Floor Cambridge House, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.azeus.com

Azeus Systems Holdings Ltd is made up of a group of companies, which are mainly known as IT solutions providers. It is a company that operates mainly in Europe, Asia, the Middle East, Australia, North and South America, Africa, and the Caribbean. It operates through two segments, IT Services and Azeus Product. The IT Service segment includes designing and implementing a broad range of IT software and systems, as well as developing and integrating various software programmes of IT systems to fulfill the outsourcing needs of its customers. Its Product includes developing innovative technologies and solutions such as proprietary products known as AzeusCare an enterprise level social care management system, and Convene an award-winning Board Portal.