Anglo-Eastern Plantations (LSE:AEP) Momentum Rank : 1 (As of Apr. 25, 2024)

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What is Anglo-Eastern Plantations Momentum Rank?

Anglo-Eastern Plantations has the Momentum Rank of 1.

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 Anglo-Eastern Plantations's Momentum Rank

For the Farm Products subindustry, Anglo-Eastern Plantations'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.

Anglo-Eastern Plantations's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Anglo-Eastern Plantations's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Anglo-Eastern Plantations's Momentum Rank falls into.

Anglo-Eastern Plantations Momentum Rank Related Terms

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Anglo-Eastern Plantations (LSE:AEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Anglo-Eastern Plantations PLC (LSE:AEP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AEPl:UK AEP.GB:UK

Address

Quadrant House, 4 Thomas More Square, 6th Floor, London, GBR, E1W 1YW

Website

https://www.angloeastern.co.uk

Anglo-Eastern Plantations PLC is engaged in the production and processing of palm oil and rubber. The company's segments include CPO (Crude Palm Oil), palm kernel and FFB (Fresh Fruit Bunches), Rubber, Shell nut, Biomass products, Biogas products, and others. The majority of the revenue is generated from the CPO, palm kernel, and FFB segment. The company's geographical segments include Indonesia and Malaysia, out of which Indonesia is further classified in North Sumatera, Bengkulu, South Sumatera, Riau, Bangka, Kalimantan. The majority of the revenue is generated from Indonesia.