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E-House (China) Enterprise Holdings (HKSE:02048) Momentum Rank : 4 (As of Jun. 06, 2024)


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What is E-House (China) Enterprise Holdings Momentum Rank?

E-House (China) Enterprise Holdings has the Momentum Rank of 4.

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 E-House (China) Enterprise Holdings's Momentum Rank

For the Real Estate Services subindustry, E-House (China) Enterprise 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.


E-House (China) Enterprise Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, E-House (China) Enterprise Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where E-House (China) Enterprise Holdings's Momentum Rank falls into.



E-House (China) Enterprise Holdings Momentum Rank Related Terms

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E-House (China) Enterprise Holdings (HKSE:02048) Business Description

Traded in Other Exchanges
N/A
Address
383 Guangyan Road, 11th Floor, Yinli Building, Jing'an District, Shanghai, CHN, 200072
E-House (China) Enterprise Holdings Ltd is a real estate transaction service provider. The company's operating segment includes Real estate agency services in the primary market, Real estate data and consulting services, Real estate brokerage network services and Digital marketing services. The Group's operations are located in the People's Republic of China.
Executives
Alibaba.com Limited 2201 Interest of corporation controlled by you
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Alibaba.com Investment Holding Limited 2201 Interest of corporation controlled by you
Alibaba.com Hong Kong Limited 2101 Beneficial owner
Zhou Xin 2105 Underwriter
E-house Holdings Ltd. 2201 Interest of corporation controlled by you
Taobao Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2101 Beneficial owner
E-house (china) Holdings Limited 2101 Beneficial owner
Hengda Real Estate Group Company Limited 2201 Interest of corporation controlled by you
Guang Zhou Shi Kai Long Zhi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Chao Feng Zhi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Anji (bvi) Limited 2201 Interest of corporation controlled by you
Captain Valley (cayman) Limited 2101 Beneficial owner
Central Sino Global Limited 2201 Interest of corporation controlled by you

E-House (China) Enterprise Holdings (HKSE:02048) Headlines

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