Chuang's Consortium International (HKSE:00367) Momentum Rank : 1 (As of Jun. 05, 2024)

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What is Chuang's Consortium International Momentum Rank?

Chuang's Consortium International 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 Chuang's Consortium International's Momentum Rank

For the Real Estate Services subindustry, Chuang's Consortium International'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.

Chuang's Consortium International's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chuang's Consortium International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Chuang's Consortium International's Momentum Rank falls into.

Chuang's Consortium International Momentum Rank Related Terms

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Chuang's Consortium International (HKSE:00367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chuang's Consortium International Ltd (HKSE:00367) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Chater Road, 25th Floor, Alexandra House, Central, Hong Kong, HKG

Website

https://www.chuangs-consortium.com

Chuang's Consortium International Ltd is an investment holding company. The company's operating segment includes Property development, investment and trading; Hotel operation and management; Cemetery; Sales of goods and merchandises; Securities investment and trading; Money lending business, and Other and Corporate. It generates maximum revenue from the Property development, investment and trading segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in PRC, the United Kingdom, and Other countries.

Executives

Evergain Holdings Limited	2101 Beneficial owner
Chong Ho Pik Yu	2202 Interest of your spouse
Chuang (on Hkid: "chong") Shaw Swee, Alan	2201 Interest of corporation controlled by you

Chuang's Consortium International (HKSE:00367) Headlines

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