Lam Soon (Hong Kong) (HKSE:00411) Momentum Rank : 4 (As of Mar. 03, 2025)

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What is Lam Soon (Hong Kong) Momentum Rank?

Lam Soon (Hong Kong) has the Momentum Rank of 4.

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 Lam Soon (Hong Kong)'s Momentum Rank

For the Packaged Foods subindustry, Lam Soon (Hong Kong)'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.

Lam Soon (Hong Kong)'s Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lam Soon (Hong Kong)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Lam Soon (Hong Kong)'s Momentum Rank falls into.

Lam Soon (Hong Kong) Momentum Rank Related Terms

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Lam Soon (Hong Kong) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lam Soon (Hong Kong) Ltd (HKSE:00411) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Dai Fu Street, Lam Soon Building, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.lamsoon.com

Lam Soon (Hong Kong) Ltd is an investment holding company. It is engaged in the manufacturing of food and detergent products. The company's business segments, which are based on its activities are Food and Home Care. The food segment includes the manufacturing and distribution of food products including flour, edible oils, and vegetable fats. The Home Care segment includes the manufacturing and distribution of household cleaning products including liquid dishwashing detergent, laundry powder, liquid laundry detergent, fabric softener, floor cleaner, and industrial marble cleanser. It generates the majority of the revenue from the Food segment activities. It has operations in Hong Kong, and international countries, of which the majority of the revenue is derived from Mainland China.

Executives

Davos Investment Holdings Private Limited
Guoline Capital Assets Limited
Hong Leong Investment Holdings Pte. Ltd.
Kwek Leng Kee
Quek Leng Chan
Whang Sun Tze	2101 Beneficial owner

Lam Soon (Hong Kong) Headlines

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