Pasukhas Group Bhd (XKLS:0177) Momentum Rank : 5 (As of Dec. 15, 2024)

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What is Pasukhas Group Bhd Momentum Rank?

Pasukhas Group Bhd has the Momentum Rank of 5.

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 Pasukhas Group Bhd's Momentum Rank

For the Engineering & Construction subindustry, Pasukhas Group Bhd'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.

Pasukhas Group Bhd's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Pasukhas Group Bhd's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pasukhas Group Bhd's Momentum Rank falls into.

Pasukhas Group Bhd Momentum Rank Related Terms

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Pasukhas Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Pasukhas Group Bhd (XKLS:0177) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

6B, Persiaran Tropicana, DF2-11-01, Level 11, Persoft Tower, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.pasukhasgroup.com

Pasukhas Group Bhd is engaged in the business of investment holding and the provision of management services. Its operating segments include Civil engineering and construction segment, Mechanical & Electrical Engineering Services, Manufacturing of LV Switchboards, Renewable Energy, and Investment Holdings and Others. The majority of the revenue for the company is generated from its Civil engineering and construction segment. Geographically, it operates predominantly in Malaysia.

Pasukhas Group Bhd Headlines

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