Tesson Holdings (HKSE:01201) Momentum Rank : 0 (As of May. 25, 2024)

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What is Tesson Holdings Momentum Rank?

Tesson 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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Tesson Holdings (HKSE:01201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tesson Holdings Ltd (HKSE:01201) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

68 Mody Road, Room 401A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.tessonholdings.com

Tesson Holdings Ltd is engaged in the Lithium-Ion Motive Battery Business and Property and Cultural business. The Group's revenue is derived from the Lithium Ion Motive Battery Business and internet sales business. All revenue generated by the group was derived from the PRC.

Executives

Cui Qiang	2101 Beneficial owner
Double Key International Limited	2101 Beneficial owner
Cheng Hung Mui	2201 Interest of corporation controlled by you
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Finance Limited	2101 Beneficial owner
Cui Qiang	2101 Beneficial owner
Leung Ka Chun	2101 Beneficial owner
Fu Tat Credit Limited	2106 Person having a security interest in shares
Hui Mei Ching	2201 Interest of corporation controlled by you
Lo Shi Ki	2201 Interest of corporation controlled by you

Tesson Holdings (HKSE:01201) Headlines

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