Century Properties Group (PHS:CPG) Momentum Rank : 5 (As of May. 25, 2024)

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What is Century Properties Group Momentum Rank?

Century Properties Group has the Momentum Rank of 5.

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 Century Properties Group's Momentum Rank

For the Real Estate Services subindustry, Century Properties Group'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.

Century Properties Group's Momentum Rank Distribution in the Real Estate Industry

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

* The bar in red indicates where Century Properties Group's Momentum Rank falls into.

Century Properties Group Momentum Rank Related Terms

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Century Properties Group (PHS:CPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Century Properties Group Inc (PHS:CPG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sen. Gil Puyat corner Makati Avenue, 21st Floor, Pacific Star Building, Makati Avenue, Makati, PHL

Website

https://www.century-properties.com

Century Properties Group Inc engages in the development, marketing, and sale of mid and high-rise condominiums and single detached homes, leasing of retail and office space, and property management. The operating segments of the group are Real estate development, Leasing, and Property management, of which key revenue is derived from the Real Estate Development segment which involves the sale of high-end, upper-middle-income, and affordable residential lots and units and the lease of residential developments under partnership agreements.

Century Properties Group (PHS:CPG) Headlines

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