Rich Goldman Holdings (STU:MRU3) Momentum Rank : 0 (As of Jun. 21, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Rich Goldman Holdings Momentum Rank?

Rich Goldman Holdings 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.

Rich Goldman Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Rich Goldman Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Rich Goldman Holdings (STU:MRU3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rich Goldman Holdings Ltd (STU:MRU3) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

00070:Hong Kong MRU3:Germany

Address

168-200 Connaught Road Central, Room 1807, 18th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

http://www.richgoldman.com.hk

Rich Goldman Holdings Ltd is an investment holding company. The company's operating segment includes Gaming and Entertainment Business; Money lending business; Hotel operations and Property leasing. It generates maximum revenue from the Money lending business segment. Geographically, it operates in Hong Kong, Macau and People's Republic of China and it derives a majority of revenue from Hong Kong.

Rich Goldman Holdings (STU:MRU3) Headlines

No Headlines