Autoris Group Holdings Bhd (XKLS:03059) Momentum Rank : 0 (As of Mar. 16, 2025)

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What is Autoris Group Holdings Bhd Momentum Rank?

Autoris Group Holdings Bhd has the Momentum Rank of 0.

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.

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Autoris Group Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Autoris Group Holdings Bhd (XKLS:03059) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Jalan Lima Off Jalan Chan Sow Lin, Lot 10-10, Level 10, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200

Website

https://www.autorisgroup.com

Autoris Group Holdings Bhd is principally involved in the provision of loss-adjusting services for motor and non-motor segments, and the provision of technical and administrative support services, where the company primarily assists in compiling and filtering the relevant claims documents received from the insurance claimants, which are required by the insurers to substantiate the insurance claims.

Autoris Group Holdings Bhd Headlines

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