Beng Kuang Marine (SGX:BEZ) Momentum Rank : 9 (As of May. 07, 2024)

View and export this data going back to 2004. Start your Free Trial

What is Beng Kuang Marine Momentum Rank?

Beng Kuang Marine 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 Beng Kuang Marine's Momentum Rank

For the Aerospace & Defense subindustry, Beng Kuang Marine'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.

Beng Kuang Marine's Momentum Rank Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Beng Kuang Marine's Momentum Rank falls into.

Beng Kuang Marine Momentum Rank Related Terms

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

Beng Kuang Marine (SGX:BEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Beng Kuang Marine Ltd (SGX:BEZ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No. 14-15, Vision Exchange, Singapore, SGP, 608526

Website

https://www.bkmgroup.com.sg

Beng Kuang Marine Ltd is engaged in providing solutions for the marine, offshore and oil and gas industries. The company operates through five segments. The Infrastructure engineering segment relates to the engineering services from planning, project management to implementation. Its Corrosion Prevention segment provides blasting and painting services. The Supply and distribution segment is involved in the supply and distribution of hardware equipment, tools, and other products. Its Shipping segment includes chartering of livestock carriers, and tugs and barges, and ship management services. The Other segment provides a solution for water and wastewater treatment and solid waste management. The company operates in three geographical areas such as Singapore, Indonesia, and Other countries.

Beng Kuang Marine (SGX:BEZ) Headlines

No Headlines