Come Sure Group holdings (HKSE:00794) Momentum Rank : 6 (As of Jun. 19, 2024)

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What is Come Sure Group holdings Momentum Rank?

Come Sure Group holdings has the Momentum Rank of 6.

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 Come Sure Group holdings's Momentum Rank

For the Paper & Paper Products subindustry, Come Sure Group 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.

Come Sure Group holdings's Momentum Rank Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Come Sure Group holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Come Sure Group holdings's Momentum Rank falls into.

Come Sure Group holdings Momentum Rank Related Terms

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Come Sure Group holdings (HKSE:00794) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Come Sure Group holdings (HKSE:00794) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Wing Tai Road, Units 8-10, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG

Website

http://www.comesure.com

Come Sure Group holdings an investment holding company. The company's operating segment includes Corrugated products; Offset printed corrugated products and Properties leasing. Corrugated products segment is engaged in the manufacture and sale of corrugated board and corrugated paper-based packing products. The Offset printed corrugated products are related to the manufacture and sale of offset printed corrugated products, and Properties leasing conduct properties leased in Hong Kong for rental income. It generates maximum revenue from the Corrugated products segment. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Macau.

Executives

Perfect Group Version Limited
Hsbc International Trustee Limited	2301 Trustee
Chan Po Ting
Chong Kam Chau
Chong Kam Shing
Chong Wa Ching
Chong Wa Lam
Chong Wa Pan
Hung Woon Cheuk
Yuen Chung Yan
Jade City Assets Limited	2201 Interest of corporation controlled by you

Come Sure Group holdings (HKSE:00794) Headlines

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