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Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Momentum Rank : 6 (As of May. 12, 2024)


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What is Kim Hin Joo (Malaysia) Bhd Momentum Rank?

Kim Hin Joo (Malaysia) Bhd has the Momentum Rank of 6.

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 Kim Hin Joo (Malaysia) Bhd's Momentum Rank

For the Specialty Retail subindustry, Kim Hin Joo (Malaysia) Bhd'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.


Kim Hin Joo (Malaysia) Bhd's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kim Hin Joo (Malaysia) Bhd's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kim Hin Joo (Malaysia) Bhd's Momentum Rank falls into.



Kim Hin Joo (Malaysia) Bhd Momentum Rank Related Terms

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Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perindustrian Balakong Jaya 1 /3, Lot 5205C, Wisma Pang Cheng Yean, Kawasan Perindustrian Balakong Jaya, Seri Kembangan, SGR, MYS, 43300
Kim Hin Joo (Malaysia) Bhd is principally involved in the retail and distribution of baby, children, and maternity products. The firm operates through two segments. The Retail segment engages in the retailing of babies, children, and maternity products. The Distribution segment comprises of distribution of children and maternity products. The group operates primarily in Malaysia.

Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Headlines

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