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Ucapital Global (XPAR:MLALE) Momentum Rank : 0 (As of Jun. 02, 2024)


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What is Ucapital Global Momentum Rank?

Ucapital Global 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.

Ucapital Global Momentum Rank Related Terms

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Ucapital Global (XPAR:MLALE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ucapital Global PLC (XPAR:MLALE) » Definitions » Momentum Rank
Comparable Companies
HKSE:01073 HKSE:00188 ATIF XSAT:SPGR BOM:501314 TSE:3747 TSX:PNP HKSE:00111 XPTY:LTXH XPTY:GMUN
Traded in Other Exchanges
N/A
Address
4th Floor, 399-401 Strand, London, GBR, WC2R 0LT
Website
https://www.alephgroup.io
Ucapital Global PLC formerly Aleph Finance Group PLC is a holding company providing investment, advisory services and insurance solutions to high net worth individuals, families and companies. The Group has one reportable segment which generates revenue from the provision of financial services such as wealth and asset management, insurance brokerage, corporate finance, regulatory umbrella and compliance services.

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