Wanjia Group Holdings (HKSE:00401) Momentum Rank : 0 (As of May. 31, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Wanjia Group Holdings Momentum Rank?

Wanjia Group Holdings has the Momentum Rank of 0.

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.

Wanjia Group Holdings Momentum Rank Related Terms

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

Wanjia Group Holdings (HKSE:00401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Wanjia Group Holdings Ltd (HKSE:00401) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Canton Road, Harbour City, Suite 1801, 18th Floor, Tower 1, The Gateway, Kowloon, Hong Kong, HKG

Website

https://www.wanjia-gp.com

Wanjia Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates in principal activities of Pharmaceutical wholesale and distribution business, and Hemodialysis treatment and consultancy service business. The company generates key revenue from the Hemodialysis treatment and consultancy service business.

Executives

Wang Jia Jun	2101 Beneficial owner
Expert Wealth Investments Limited	2201 Interest of corporation controlled by you
Grand Harbour Finance Limited	2106 Person having a security interest in shares
Yung Ka Lai	2101 Beneficial owner
Ng Kwok Fai	2201 Interest of corporation controlled by you
Wei Yang Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner
Li Wei	2202 Interest of your spouse
Liu Chang	2201 Interest of corporation controlled by you
Liu Yonghao	2201 Interest of corporation controlled by you
Nan Fang Xi Wang Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Xi Wang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xi Zang Heng Ye Feng Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you

Wanjia Group Holdings (HKSE:00401) Headlines

No Headlines