GS Holdings (SGX:43A) Momentum Rank : 0 (As of Jun. 13, 2024)

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What is GS Holdings Momentum Rank?

GS Holdings has the Momentum Rank of 0.

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.

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GS Holdings (SGX:43A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GS Holdings Ltd (SGX:43A) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

6NY:Germany

Address

680 Upper Thomson Road, No 02-01, Singapore, SGP, 787103

Website

https://www.greatsolutions.com.sg

GS Holdings Ltd is Singapore-based holding firm. The company provides management consultancy services with relation to Branding, Operations and Procurement services to its customers and earns management consultancy services based on the agreements entered upon. Consultancy services include providing training and delivery service at all outlets, managing customer-experience and relationship management matters and evaluate the performance of each outlet and the related executives. Its segments include Food and Beverages; Branding, Operations and Procurement services; and Investment holdings. It derives revenue from Food and Beverages segment.

GS Holdings (SGX:43A) Headlines

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