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Doyen International Holdings (HKSE:00668) Momentum Rank : 8 (As of Jun. 22, 2024)


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What is Doyen International Holdings Momentum Rank?

Doyen International Holdings has the Momentum Rank of 8.

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.


Competitive Comparison of Doyen International Holdings's Momentum Rank

For the Credit Services subindustry, Doyen International 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.


Doyen International Holdings's Momentum Rank Distribution in the Credit Services Industry

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

* The bar in red indicates where Doyen International Holdings's Momentum Rank falls into.



Doyen International Holdings Momentum Rank Related Terms

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Doyen International Holdings (HKSE:00668) Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, Harbour Centre, Suite 2206, 22nd Floor, Wanchai, Hong Kong, HKG
Doyen International Holdings Ltd, through its subsidiaries, is engaged in the provision of loan financing and property investment and rental activities. The company's business segments are Investment property holding, Dongkui business, Distressed assets management, and Sales of flowers and plants. Investment property holding includes property investment and rental activities. Dongkui business includes the provision of loan financing. Distressed assets management engaged in the provision of distressed assets management. Sales of flowers and plants segment includes selling of flowers, seedlings and plants.
Executives
Galaxy Bond Holdings Limited 2106 Person having a security interest in shares
Lin Xuegang 2201 Interest of corporation controlled by you
Xue Yuewu 2201 Interest of corporation controlled by you
Money Success Limited 2101 Beneficial owner
Chiu Kit Hung 2202 Interest of your spouse
Lo Siu Yu 2201 Interest of corporation controlled by you
Chong Qing Ming Na Mao Yi You Xian Gong Si 2106 Person having a security interest in shares
Baoli International (hong Kong) Trading Co., Ltd. 2101 Beneficial owner
Hong Kong Jin Hua Jun Chang Industrial Limited 2101 Beneficial owner
You Tao 2201 Interest of corporation controlled by you
Jiang Su Hua Xi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Chen Aini 2202 Interest of your spouse
Money Success Limited 2101 Beneficial owner
Lin Xuegang 2201 Interest of corporation controlled by you
Wealthy In Investments Limited 2201 Interest of corporation controlled by you

Doyen International Holdings (HKSE:00668) Headlines

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