Southwest Securities International Securities (HKSE:00812) Momentum Rank : 0 (As of Jun. 14, 2024)

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What is Southwest Securities International Securities Momentum Rank?

Southwest Securities International Securities has the Momentum Rank of 0.

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.

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Southwest Securities International Securities (HKSE:00812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Southwest Securities International Securities Ltd (HKSE:00812) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TJV:Germany

Address

One Hysan Avenue, 14th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.swsc.hk

Southwest Securities International Securities Ltd is a financial services provider in Hong Kong. The company's services include corporate finance, asset management, brokerage; and loan services. Its segments consist of Brokerage and Margin financing which provides brokerage services in trading in securities, futures contracts and options and margin financing services, and underwriting and placements; Corporate finance segment offers underwriting and placements and corporate finance advisory services; Asset management provides asset management services; and Proprietary trading engaged in trading in securities, futures and options, fund investments.

Executives

Southwest Securities International Investment Limited

2101 Beneficial owner

Southwest Securities International Securities (HKSE:00812) Headlines

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