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Southeast Asia Properties & Finance (HKSE:00252) Momentum Rank : 1 (As of Jun. 21, 2024)


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What is Southeast Asia Properties & Finance Momentum Rank?

Southeast Asia Properties & Finance 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 Southeast Asia Properties & Finance's Momentum Rank

For the Packaging & Containers subindustry, Southeast Asia Properties & Finance'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.


Southeast Asia Properties & Finance's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Southeast Asia Properties & Finance's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Southeast Asia Properties & Finance's Momentum Rank falls into.



Southeast Asia Properties & Finance Momentum Rank Related Terms

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Southeast Asia Properties & Finance (HKSE:00252) Business Description

Traded in Other Exchanges
N/A
Address
Silvercord, No. 30 Canton Road, Units 407-410, 4th Floor, Tower 2, Tsimshatsui, Kowloon, Hong Kong, HKG
Southeast Asia Properties & Finance Ltd is engaged in property, packaging materials, and brokerage businesses. It operates in the segments of Property investment, development, and leasing/hotel operation; Manufacturing and distribution of plastic packaging materials; and Broking and securities margin financing. It derives the majority of its revenue from the Manufacturing and distribution of plastic packaging materials. It has a geographical presence in Hong Kong, Japan, PRC, Oceania, Europe, and North America.
Executives
Chua Nai Tuen 2101 Beneficial owner
Chua Nai King
Julius Baer Trust Company (singapore) Limited 2301 Trustee
Loriking Ltd 2101 Beneficial owner

Southeast Asia Properties & Finance (HKSE:00252) Headlines

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