ROX Key Holding JSC (STC:TN1) Momentum Rank : 0 (As of May. 26, 2024)

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What is ROX Key Holding JSC Momentum Rank?

ROX Key Holding JSC 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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ROX Key Holding JSC (STC:TN1) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

54A Nguyen Chi Thanh, 25th Floor, TNR Building, Lang Thuong Ward, Dong Da District, Hanoi, VNM

Website

https://www.tnsholdings.vn

TNS Holdings specializes in providing management services for apartments, office buildings and industrial parks. It has reliable partner of many corporations and businesses in the fields of real estate, retail, finance and banking. It offers services in three division namely TNS property, TNS clean and TN trading. TNS property includes management services for buildings, offices and apartment buildings. TNS Clean includes industrial cleaning service with dozens of customers are large enterprises, brands and large urban and industrial zones nationwide and TN Trading focuses on Commercial business, brokerage consultancy, construction and installation works.

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