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Sunshine 100 China Holdings (HKSE:02608) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is Sunshine 100 China Holdings Momentum Rank?

Sunshine 100 China 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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Sunshine 100 China Holdings (HKSE:02608) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026
Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.
Executives
Fantasy Races Limited 2201 Interest of corporation controlled by you
Tian Feng 2401 A concert party to an agreement to buy shares
Li Mingqiang 2401 A concert party to an agreement to buy shares
Jin Xiangfei 2401 A concert party to an agreement to buy shares
Liu Chaohui 2401 A concert party to an agreement to buy shares
Yi Xiaodi 2307 Founder of a discretionary trust who can infl
Fan Xiaohua 2307 Founder of a discretionary trust who can infl
Fan Xiaochong 2307 Founder of a discretionary trust who can infl
Ming Fai International Limited 2201 Interest of corporation controlled by you
Joywise Holdings Limited 2101 Beneficial owner
Harvest Well Holdings Limited 2201 Interest of corporation controlled by you
Cititrust Private Trust (cayman) Limited 2201 Interest of corporation controlled by you
Fantastic Magician Limited 2201 Interest of corporation controlled by you
Great Sharp International Limited 2201 Interest of corporation controlled by you
Qian Tiwei 2201 Interest of corporation controlled by you

Sunshine 100 China Holdings (HKSE:02608) Headlines

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