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South Shore Holdings (HKSE:00577) Momentum Rank : 0 (As of May. 30, 2024)


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What is South Shore Holdings Momentum Rank?

South Shore 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.


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South Shore Holdings (HKSE:00577) Business Description

Traded in Other Exchanges
N/A
Address
250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG
South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.
Executives
Evolution Capital Management, Llc 2201 Interest of corporation controlled by you
Tiger Inn Enterprises Limited 2201 Interest of corporation controlled by you
Tiger Holdings Ltd. 2201 Interest of corporation controlled by you
Evolution Japan Group Holding Inc. 2201 Interest of corporation controlled by you
Evolution Japan Co. Ltd. 2201 Interest of corporation controlled by you
Evo Fund 2104 Agent
Evo Capital Management Asia Limited 2201 Interest of corporation controlled by you
Ej Us, Inc. 2201 Interest of corporation controlled by you
Evolution Japan Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Global Allocation Fund 2201 Interest of corporation controlled by you
Lerch Michael 2201 Interest of corporation controlled by you
Robertson Julian Hart 2201 Interest of corporation controlled by you
Tiger Management Corporation 2201 Interest of corporation controlled by you
Tiger Management L.l.c. 2102 Investment manager
Tiger Partners Gp, L.l.c. 2201 Interest of corporation controlled by you

South Shore Holdings (HKSE:00577) Headlines

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