CHK Oil (HKSE:00632) Momentum Rank : 1 (As of May. 01, 2025)

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What is CHK Oil Momentum Rank?

CHK Oil has the Momentum Rank of 1.

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 CHK Oil's Momentum Rank

For the Oil & Gas E&P subindustry, CHK Oil'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.

CHK Oil's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CHK Oil's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CHK Oil's Momentum Rank falls into.

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CHK Oil Momentum Rank Related Terms

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CHK Oil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CHK Oil Ltd (HKSE:00632) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 132 Nathan Road, Units 2617-18, 26th Floor, Mira Place Tower A, Kowloon, Tsim Sha Tsui, Hong Kong, HKG

Website

https://www.chkoilltd.com

CHK Oil Ltd is principally engaged in the investment holding, exploring, exploiting and sale of oil and natural gas, and trading of oil, oil-related and other products. The group holds an exploitation interest in the Utah Gas and Oil Field Project located in Utah in the United States of America. The Group is principally engaged in oil and gas sales; and trading of oil and oil-related and other products. It has a business presence in Hong Kong, the PRC and the United states, of which key revenue is derived from the PRC.

Executives

Xin Hua Petroleum (hong Kong) Limited	2101 Beneficial owner
Yu Zhibo	2201 Interest of corporation controlled by you
Chen Junyan	2201 Interest of corporation controlled by you
So Kuen Kwok	2101 Beneficial owner
Mid-east Petroleum Group Ltd	2101 Beneficial owner

CHK Oil Headlines

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