China Uptown Group Co (HKSE:02330) Momentum Rank : 9 (As of May. 24, 2024)

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What is China Uptown Group Co Momentum Rank?

China Uptown Group Co 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 China Uptown Group Co's Momentum Rank

For the Real Estate - Diversified subindustry, China Uptown Group Co'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.

China Uptown Group Co's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Uptown Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where China Uptown Group Co's Momentum Rank falls into.

China Uptown Group Co Momentum Rank Related Terms

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China Uptown Group Co (HKSE:02330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Uptown Group Co Ltd (HKSE:02330) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

30 Canton Road, Suite 1501, 15th Floor, Tower 1, Silvercord, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

http://www.chinauptown.com.hk

China Uptown Group Co Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the business segments of Property development and investment, and Trading of raw cane sugar. The Property development and investment segment develops and sells office premises, commercial and residential properties, and car parking spaces. This segment also generates rental income from investment properties and achieves gain from the appreciation of the property's values in the long term. The Trading of raw cane sugar segment trades raw cane sugar on a worldwide basis.

Executives

Liu Dong	2201 Interest of corporation controlled by you
Ming Hung Fung Company Limited	2101 Beneficial owner
China Sugar Holdings Limited	2101 Beneficial owner
Chen Qiang	2101 Beneficial owner
Liu Zhongxiang	2101 Beneficial owner

China Uptown Group Co (HKSE:02330) Headlines

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