Public Financial Holdings (HKSE:00626) Momentum Rank : 5 (As of May. 01, 2025)

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What is Public Financial Holdings Momentum Rank?

Public Financial 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 Public Financial Holdings's Momentum Rank

For the Banks - Regional subindustry, Public Financial 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.

Public Financial Holdings's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Public Financial Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Public Financial Holdings's Momentum Rank falls into.

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Public Financial Holdings Momentum Rank Related Terms

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Public Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Public Financial Holdings Ltd (HKSE:00626) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Des Voeux Road Central, 2nd Floor, Public Bank Centre, Central, Hong Kong, HKG

Website

https://www.publicfinancial.com.hk

Public Financial Holdings Ltd is a Hong Kong-based investment and property holding company. It provides financial services. The Company operates through three segments. The retail and Commercial Banking segment includes deposit account services, property mortgages, and consumer lending, hire purchase and leasing, financing services, foreign exchange businesses, centralized cash management for deposit-taking and lending, interest rate risk management, and the overall funding management of the company. The Wealth Management Services, Stock Broking and Securities Management segment includes the management of investment in debt securities and equities, the dealing and brokerage of securities, as well as wealth management products and services. Other segment includes trading and leasing taxis.

Executives

Tay Ah Lek (as One Of The Executors Of The Estate Of Teh Hong Piow)	2304 Executor or administrator
Quah Poh Keat (as One Of The Executors Of The Estate Of Teh Hong Piow)	2304 Executor or administrator
Tay Mui Leng (as One Of The Executors Of The Estate Of Teh Hong Piow)	2304 Executor or administrator
Teh Li Shian Diona (as One Of The Executors Of The Estate Of Teh Hong Piow)	2304 Executor or administrator
Teh Hong Piow

Public Financial Holdings Headlines

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