GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grand Field Group Holdings Ltd (HKSE:00115) » Definitions » Momentum Rank

Grand Field Group Holdings (HKSE:00115) Momentum Rank : 0 (As of May. 03, 2025)


View and export this data going back to 2000. Start your Free Trial

What is Grand Field Group Holdings Momentum Rank?

Grand Field Group Holdings has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Grand Field Group Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Grand Field Group Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Grand Field Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
33 Canton Road, Unit 1004B, 10th Floor, Tower 5, China Hong Kong City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Grand Field Group Holdings Ltd is an investment holding company engaged in the real estate sector. The business activity of the group is operated through property development, property investment, hotel operation and general trading. The company primarily operates in China.
Executives
Lui Kin Chung 2202 Interest of your spouse
Tsang Tsz Nok Aleen 2101 Beneficial owner
Rhenfield Development Corporation 2101 Beneficial owner
Tsang Yee 2201 Interest of corporation controlled by you
Zhou Wei Kang 2101 Beneficial owner

Grand Field Group Holdings Headlines

No Headlines