Yip's Chemical Holdings (HKSE:00408) Momentum Rank : 5 (As of May. 02, 2025)

View and export this data going back to 1991. Start your Free Trial

What is Yip's Chemical Holdings Momentum Rank?

Yip's Chemical Holdings has the Momentum Rank of 5.

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.

Competitive Comparison of Yip's Chemical Holdings's Momentum Rank

For the Specialty Chemicals subindustry, Yip's Chemical Holdings'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.

Yip's Chemical Holdings's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yip's Chemical Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Yip's Chemical Holdings's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Yip's Chemical Holdings Momentum Rank Related Terms

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

Yip's Chemical Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yip's Chemical Holdings Ltd (HKSE:00408) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

YIPCF:USA

Address

Nos. 77-79 Gloucester Road, 27th Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

https://www.yipschemical.com

Yip's Chemical Holdings Ltd produces petrochemical products. It has four segments, coatings, inks, lubricants, and properties. The Coatings, Inks, and Lubricants segments are in the manufacturing and trading of coatings, inks, and lubricants-related products. The Properties segment includes property investment and holding of the Group's properties not used for production plants, central administration office, and not used for other operating segments, including but not limited to properties for rental.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Yip Tsz Hin	2202 Interest of your spouse
Ip Chi Shing	2101 Beneficial owner
Ip Fung Kuen	2101 Beneficial owner
Fidelity Puritan Trust	2101 Beneficial owner

Yip's Chemical Holdings Headlines

No Headlines