GTM Holdings (TPE:1437) Momentum Rank : 8 (As of Apr. 28, 2025)

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What is GTM Holdings Momentum Rank?

GTM Holdings 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 GTM Holdings's Momentum Rank

For the Real Estate Services subindustry, GTM 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.

GTM Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GTM Holdings's Momentum Rank distribution charts can be found below:

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

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GTM Holdings Momentum Rank Related Terms

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GTM Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GTM Holdings Corp (TPE:1437) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxiao E. Road, 9th Floor, No. 320, Sec. 4, Daan District, Taipei, TWN, 106

Website

https://www.gtm.com.tw

GTM Holdings Corp is an investment holding company engaged in business relating to the manufacturing and trading of textiles, knitwear, wool quilts, suits, and other products; the manufacturing and trading of electronic components and electronic materials, and the commissioning of construction companies for building construction, residential rentals, and sales. The company has three reportable segments: textile, electronic, and real estate. The majority of its revenue is generated from the Real estate business segment which engages in the rental of real estate.

GTM Holdings Headlines

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