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ABV Consulting (ABV Consulting) Momentum Rank : 3 (As of May. 26, 2024)


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What is ABV Consulting Momentum Rank?

ABV Consulting has the Momentum Rank of 3.

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 ABV Consulting's Momentum Rank

For the Shell Companies subindustry, ABV Consulting'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.


ABV Consulting's Momentum Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ABV Consulting's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ABV Consulting's Momentum Rank falls into.



ABV Consulting Momentum Rank Related Terms

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ABV Consulting (ABV Consulting) Business Description

Traded in Other Exchanges
N/A
Address
39 Chatham Road South, Unit 1101-1102, 11/F, Railway Plaza, TsimShaTsui, Kowloon, HKG
ABV Consulting Inc is a shell company.
Executives
Kang Min Global Holdings Ltd 10 percent owner UNIT A2, 25/F, BLOCK A, TML TOWER 3 HOI SHING ROAD TSUEN WAN K3 00000

ABV Consulting (ABV Consulting) Headlines

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