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Values Cultural Investment (HKSE:01740) Momentum Rank : 9 (As of Jun. 06, 2024)


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What is Values Cultural Investment Momentum Rank?

Values Cultural Investment 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 Values Cultural Investment's Momentum Rank

For the Entertainment subindustry, Values Cultural Investment'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.


Values Cultural Investment's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Values Cultural Investment's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Values Cultural Investment's Momentum Rank falls into.



Values Cultural Investment Momentum Rank Related Terms

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Values Cultural Investment (HKSE:01740) Business Description

Traded in Other Exchanges
N/A
Address
11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG
Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.
Executives
Wei Xian 2201 Interest of corporation controlled by you
Bai Yang 2201 Interest of corporation controlled by you
Liu Naiyue 2201 Interest of corporation controlled by you
Liu Peiyao 2201 Interest of corporation controlled by you
Wu Tao 2201 Interest of corporation controlled by you
Yu Jinmei 2202 Interest of your spouse
Syyt Investment Limited 2101 Beneficial owner
Sun Xianliang 2201 Interest of corporation controlled by you
Hangzhou Baihuiquan Equity Investment Fund Partnership (limited Partnership) 2501 Other
Lu Min 2202 Interest of your spouse
Sdjz Investment Limited 2101 Beneficial owner
Shao Hui 2201 Interest of corporation controlled by you
Tibet Langrun Investment Management Co., Ltd. 2501 Other
Xu Jun
Blw Investment Limited 2101 Beneficial owner

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