Citra Nusa Holdings Bhd (XKLS:5104) Momentum Rank : 0 (As of Apr. 30, 2025)

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What is Citra Nusa Holdings Bhd Momentum Rank?

Citra Nusa 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.

Citra Nusa Holdings Bhd Momentum Rank Related Terms

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Citra Nusa Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Citra Nusa Holdings Bhd (XKLS:5104) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan U1/17, Seksyen U1, Wisma CNI, Hicom-Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.citranusaholdings.com

Citra Nusa Holdings Bhd, formerly CNI Holdings Bhd is engaged in the sale and distribution of health care and consumer products, and manufactures trades, and packs various kinds of foodstuffs and beverages, household, and personal care products. Its segments include Manufacturing that manufactures, trades, and packs consumer, health, personal care products, food, and beverages; Marketing and trading that sells and distributes health care and consumer products, import and distribution of food ingredients, provides software solution and software research and development, marketing and distributing coffee and other related beverage products; and Others that invests in shares, investment, rent out properties, operates food and beverages outlets and dormant companies.

Citra Nusa Holdings Bhd Headlines

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