Silver Grant International Holdings Group (HKSE:00171) Momentum Rank : 1 (As of May. 26, 2024)

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What is Silver Grant International Holdings Group Momentum Rank?

Silver Grant International Holdings Group has the Momentum Rank of 1.

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 Silver Grant International Holdings Group's Momentum Rank

For the Real Estate Services subindustry, Silver Grant International Holdings Group'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.

Silver Grant International Holdings Group's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Silver Grant International Holdings Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Silver Grant International Holdings Group's Momentum Rank falls into.

Silver Grant International Holdings Group Momentum Rank Related Terms

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Silver Grant International Holdings Group (HKSE:00171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Silver Grant International Holdings Group Ltd (HKSE:00171) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

YSG:Germany

Address

Convention Plaza, 1 Harbour Road, Suite 4901, 49th Floor, Office Tower, Wanchai, Hong Kong, HKG

Website

https://www.silvergrant.com.cn

Silver Grant International Holdings Group Ltd is an investment holding company. The company is organized into two operating divisions: the investments segment which represents the investments in financial assets at fair value through profit or loss and loan receivables; and the property leasing segment which represents holding of properties for rental income potential and/or for capital appreciation. It derives the majority of its revenue from the property leasing segment. It operates in Hong Kong and PRC with revenue derived from PRC.

Executives

Rong De Investments Limited	2201 Interest of corporation controlled by you
Splendid Reach Limited	2101 Beneficial owner
Zhuguang Holdings Group Company Limited	2201 Interest of corporation controlled by you
Chu Hing Tsung	2201 Interest of corporation controlled by you
Liao Tengjia	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2106 Person having a security interest in shares

Silver Grant International Holdings Group (HKSE:00171) Headlines

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