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Amrep (AXR) Momentum Rank : 9 (As of Apr. 28, 2024)


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What is Amrep Momentum Rank?

Amrep has the Momentum Rank of 9.

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 Amrep's Momentum Rank

For the Real Estate - Development subindustry, Amrep'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.


Amrep's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Amrep's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Amrep's Momentum Rank falls into.



Amrep Momentum Rank Related Terms

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


Amrep (AXR) Business Description

Traded in Other Exchanges
N/A
Address
850 West Chester Pike, Suite 205, Havertown, PA, USA, 19083
Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.
Executives
James H Dahl 10 percent owner 1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
Cloues Edward B Ii director PENN VIRGINIA CORPORATION, FOUR RADNOR CORP. CTR., SUITE 200, RADNOR PA 19087
Rainey E. Lancaster 10 percent owner 1 APPLE PARK WAY, CUPERTINO CA 95014
Nick G Karabots director, 10 percent owner
Gate City Capital Management, Llc 10 percent owner 425 S. FINANCIAL PLACE, STE 910A, CHICAGO IL 60605
Theodore J. Gaasche director 1521 GREEN VALLEY DRIVE, COLLEGEVILLE PA 19426
Adrienne Uleau officer: VP, Finance & Accounting 1142 MYRTLEWOOD AVE, HAVERTOWN PA 19083
Heinrich Bauer (usa) Llc 10 percent owner 270 SYLVAN AVE, ENGELWOOD CLIFFS NJ 07632
Mcmonagle James Michael Jr officer: VP and Chief Financial Officer 620 W. GERMANTOWN PIKE, SUITE 175, PLYMOUTH MEETING PA 19462
Robert E Wisniewski officer: EVP and CFO C/O K-TRON INTERNATIONAL, INC., ROUTES 55 & 553, PO BOX 888, PITMAN NJ 08071
Clifford Robert Martin officer: VP and Chief Financial Officer AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Rory Burke officer: Pres&CEO, Palm Coast Data, LLC C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Christopher V Vitale officer: Vice Pres., Gen. Counsel & Sec AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Peter M. Pizza officer: Vice President and CFO C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540

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