CapitaLand China Trust (SGX:AU8U) Momentum Rank : 4 (As of May. 11, 2024)

View and export this data going back to 2006. Start your Free Trial

What is CapitaLand China Trust Momentum Rank?

CapitaLand China Trust has the Momentum Rank of 4.

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 CapitaLand China Trust's Momentum Rank

For the REIT - Retail subindustry, CapitaLand China Trust'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.

CapitaLand China Trust's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CapitaLand China Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CapitaLand China Trust's Momentum Rank falls into.

CapitaLand China Trust Momentum Rank Related Terms

Thank you for viewing the detailed overview of CapitaLand China Trust's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

CapitaLand China Trust (SGX:AU8U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CapitaLand China Trust (SGX:AU8U) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912

Website

https://www.clct.com.sg

CapitaLand China Trust is a Singapore-based real estate investment trust which invests in retail properties. The company's portfolio consists primarily of shopping malls located in multiple cities in mainland China, Hong Kong, and Macau. The company generates revenue from leasing properties to its tenants. Fashion and accessories stores, dining venues, and department stores collectively contribute the majority of total rental revenue. Other tenants include supermarkets, beauty and healthcare retailers, homeware and furniture stores, and leisure venues. The operating segments are Retail Malls, Business Parks and Logistics Parks. Majority of revenue is generated from Retail Malls segment.

CapitaLand China Trust (SGX:AU8U) Headlines

No Headlines