JEP Holdings (SGX:1J4) Momentum Rank : 9 (As of May. 09, 2024)

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What is JEP Holdings Momentum Rank?

JEP Holdings has the Momentum Rank of 9.

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 JEP Holdings's Momentum Rank

For the Aerospace & Defense subindustry, JEP 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.

JEP Holdings's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, JEP Holdings's Momentum Rank distribution charts can be found below:

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

JEP Holdings Momentum Rank Related Terms

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JEP Holdings (SGX:1J4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » JEP Holdings Ltd (SGX:1J4) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Seletar Aerospace Crescent, Singapore, SGP, 797567

Website

https://www.jep-holdings.com

JEP Holdings Ltd is a solution provider of precision machining and engineering services, mainly focusing on the aerospace industry. The company operates in various business segments namely Precision Machining, Trading and Others, and Equipment Manufacturing. The company generates maximum revenue from the Equipment manufacturing segment. The equipment manufacturing segment is a provider of large-format precision engineering and equipment fabrication services. The group operates in Singapore, Malaysia, the United Kingdom, and Other countries, out of which the majority is derived from Singapore.

JEP Holdings (SGX:1J4) Headlines

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