GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soaltee Hotel Ltd (XNEP:SHL) » Definitions » Momentum Rank

Soaltee Hotel (XNEP:SHL) Momentum Rank : 0 (As of May. 26, 2024)


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

What is Soaltee Hotel Momentum Rank?

Soaltee Hotel 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.

Soaltee Hotel Momentum Rank Related Terms

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

Soaltee Hotel (XNEP:SHL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soaltee Hotel Ltd (XNEP:SHL) » Definitions » Momentum Rank
Comparable Companies
XNEP:TRH MAR HLT HTHT LSE:IHG H XPAR:AC LSE:WTB BOM:500850 WH CHH BKK:MINT SHSE:600754 SZSE:000069 ADX:ADNH SAU:4100 SHSE:600258 HKSE:00069 SGX:M04 XMAD:NHH
Traded in Other Exchanges
N/A
Address
Tahachal, Post Box 3800, Kathmandu, NPL
Website
http://www.soalteehotel.com
Soaltee Hotel Ltd is a five-star hotel in Nepal. It is engaged in the tourism industry with its contribution of luxurious properties and hospitality across the region. The company operates hotels, a building block, a separate flight kitchen unit building, and seven presidential-regal suites for VVIPs. Its operating segment includes Core Hotel Business, Horizon Lounge, and Flight Catering, and the majority of its revenue is generated from the Hotel business.

Soaltee Hotel (XNEP:SHL) Headlines

No Headlines