GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Health and Happiness (H&H) International Holdings Ltd (OTCPK:BTSDF) » Definitions » Momentum Rank

Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Momentum Rank : 2 (As of Apr. 29, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Health and Happiness (H&H) International Holdings Momentum Rank?

Health and Happiness (H&H) International Holdings has the Momentum Rank of 2.

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 Health and Happiness (H&H) International Holdings's Momentum Rank

For the Packaged Foods subindustry, Health and Happiness (H&H) International 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.


Health and Happiness (H&H) International Holdings's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Health and Happiness (H&H) International Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Health and Happiness (H&H) International Holdings's Momentum Rank falls into.



Health and Happiness (H&H) International Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Health and Happiness (H&H) International Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Business Description

Traded in Other Exchanges
Address
18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG
Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Headlines

From GuruFocus

Baron Funds Comments on Biostime International Holdings Ltd.

By Holly LaFon Holly LaFon 02-24-2014