United Integrated Services Co (TPE:2404) Momentum Rank : 6 (As of Apr. 28, 2024)

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What is United Integrated Services Co Momentum Rank?

United Integrated Services Co has the Momentum Rank of 6.

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 United Integrated Services Co's Momentum Rank

For the Engineering & Construction subindustry, United Integrated Services Co'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.

United Integrated Services Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, United Integrated Services Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where United Integrated Services Co's Momentum Rank falls into.

United Integrated Services Co Momentum Rank Related Terms

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United Integrated Services Co (TPE:2404) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » United Integrated Services Co Ltd (TPE:2404) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13, Qiaohe Road, 13th Floor, Zhonghe District, Taipei, TWN, 235029

Website

https://www.uisco.com.tw

United Integrated Services Co Ltd is a Taiwan-based engineering and construction company. The company's service offerings include engineering consulting and high-tech factory planning and delivery that integrate clients' clean-room systems; heating, ventilation, and air-conditioning systems; electrical systems; instrumentation and control; process utilities telecommunication systems; and tool hook-up. The company also provides turnkey services, including planning, procurement, construction, startup/commissioning, and post-construction operation and maintenance services.

United Integrated Services Co (TPE:2404) Headlines

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