Huscoke Holdings (HKSE:00704) Momentum Rank : 3 (As of Jun. 22, 2024)

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What is Huscoke Holdings Momentum Rank?

Huscoke Holdings has the Momentum Rank of 3.

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 Huscoke Holdings's Momentum Rank

For the Thermal Coal subindustry, Huscoke 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.

Huscoke Holdings's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huscoke Holdings's Momentum Rank distribution charts can be found below:

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

Huscoke Holdings Momentum Rank Related Terms

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Huscoke Holdings (HKSE:00704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huscoke Holdings Ltd (HKSE:00704) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

89 Queensway, Room 2301, 23rd Floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.huscoke.com

Huscoke Holdings Ltd is a Hong Kong-based investment holding company engaged in the production and trading of coal. The firm operates through three segments namely Coke trading, Coal-related ancillary and Coke production. The majority of revenue is generated from coal production segment which involves the processing of refined coal into coke for sales, and the sale of coke by-products that are generated during coke production.

Executives

Zhao Xu Guang	2201 Interest of corporation controlled by you
Wahen Investments Limited	2101 Beneficial owner
Li Hongwei	2201 Interest of corporation controlled by you
Liberal Expansion Limited	2201 Interest of corporation controlled by you
Shun Wang Investments Limited	2101 Beneficial owner
Whole Advance Limited	2201 Interest of corporation controlled by you
Rong Tai Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Rong Tai Zi Yuan You Xian Gong Si	2101 Beneficial owner

Huscoke Holdings (HKSE:00704) Headlines

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