Legend Upstar Holdings (HKSE:00459) Momentum Rank : 7 (As of May. 25, 2024)

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What is Legend Upstar Holdings Momentum Rank?

Legend Upstar Holdings has the Momentum Rank of 7.

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 Legend Upstar Holdings's Momentum Rank

For the Real Estate Services subindustry, Legend Upstar 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.

Legend Upstar Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Legend Upstar Holdings's Momentum Rank distribution charts can be found below:

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

Legend Upstar Holdings Momentum Rank Related Terms

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Legend Upstar Holdings (HKSE:00459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Legend Upstar Holdings Ltd (HKSE:00459) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, Rooms 2505-8, 25th Floor, World-Wide House, Central, Hong Kong, HKG

Website

https://www.legendupstarholdings.com

Legend Upstar Holdings Ltd is an investment holding company. It is engaged in providing property agency services. The company's segments include Property agencies in respect of commercial, and industrial properties, and shops, Properties investment, Credit business, and Securities investment. It generates maximum revenue from the Property agency segment. The sources of the group's revenue are the agency fee, Rental income, interest income from credit business, and interest income from securities investment.

Executives

Luck Gain Holdings Limited	2201 Interest of corporation controlled by you
Wealth Builder Holdings Limited	2101 Beneficial owner
Tang Mei Lai Metty	2202 Interest of your spouse
Wong Kin Yip Freddie	2201 Interest of corporation controlled by you

Legend Upstar Holdings (HKSE:00459) Headlines

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