City Sports And Recreation PCL (BKK:CSR-R) Momentum Rank : 3 (As of Nov. 10, 2024)

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What is City Sports And Recreation PCL Momentum Rank?

City Sports And Recreation PCL has the Momentum Rank of 3.

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 City Sports And Recreation PCL's Momentum Rank

For the Leisure subindustry, City Sports And Recreation PCL'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.

City Sports And Recreation PCL's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, City Sports And Recreation PCL's Momentum Rank distribution charts can be found below:

* The bar in red indicates where City Sports And Recreation PCL's Momentum Rank falls into.

City Sports And Recreation PCL Momentum Rank Related Terms

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City Sports And Recreation PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » City Sports And Recreation PCL (BKK:CSR-R) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CSR:Thailand

Address

22 Navatanee Road, Ramindra, Kannayao Subdistrict, Bangkok, THA, 10230

Website

http://www.navatanee.com

City Sports And Recreation PCL is a Thailand-based company engaged in the businesses of golf course, restaurants, and sports clubs. The company operates in four business segments. The Golf course segment has revenue from membership fees, the sale of goods and services relating to the golf course. The Restaurant segment has revenue from sales of foods and beverages. The Sports club segment has revenue from membership fees and services relating to sports clubs. A vast majority of the revenues are earned from the golf course segment.

City Sports And Recreation PCL Headlines

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