GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Banyan Tree Holdings Ltd (OTCPK:BYNEF) » Definitions » Momentum Rank

Banyan Tree Holdings (Banyan Tree Holdings) Momentum Rank : 8 (As of May. 08, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Banyan Tree Holdings Momentum Rank?

Banyan Tree Holdings has the Momentum Rank of 8.

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 Banyan Tree Holdings's Momentum Rank

For the Resorts & Casinos subindustry, Banyan Tree Holdings'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.


Banyan Tree Holdings's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Banyan Tree Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Banyan Tree Holdings's Momentum Rank falls into.



Banyan Tree Holdings Momentum Rank Related Terms

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


Banyan Tree Holdings (Banyan Tree Holdings) Business Description

Traded in Other Exchanges
Address
211 Upper Bukit Timah Road, Singapore, SGP, 588182
Banyan Tree Holdings Ltd is a multi-branded hospitality group with a portfolio of hotels, resorts, spas, galleries, golf, and residences centered on five brands (Banyan Tree, Angsana, Cassia, Dhawa, and Laguna). The company operates in two segments: The Property sales segment comprises hotel residences, Laguna property sales, and development project/site sales; and the Fee-based segment comprises the management of hotels & resorts, management of the club, spas, private equity funds, sales of merchandise, the provision of architectural & design services, and Other services. Its geographical segments are Singapore, South East Asia, Indian Oceania, the Middle East, North-East Asia, and the Rest of the world.

Banyan Tree Holdings (Banyan Tree Holdings) Headlines