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Zhongchang International Holdings Group (HKSE:00859) Momentum Rank : 0 (As of Sep. 25, 2024)


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What is Zhongchang International Holdings Group Momentum Rank?

Zhongchang International Holdings Group 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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Zhongchang International Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suite 1711, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG
Zhongchang International Holdings Group Ltd is an investment holding company. The firm operates in the segments of Property Investment. The Property Investment segment engages in the leasing of investment properties. The company generates all of its revenue from rental income in Hong Kong.
Executives
China Cinda (hk) Asset Management Co., Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Bonds Chan Family Holdings (ptc) Ltd. 2201 Interest of corporation controlled by you
Chen Jianming 2201 Interest of corporation controlled by you
Chen Yanhong 2202 Interest of your spouse
Sansheng Hongye (hong Kong) Limited 2101 Beneficial owner
Shang Hai San Sheng Hong Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Shang Hai San Sheng Fang Di Chan Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
Dcp China Credit Fund I, L.p. 2201 Interest of corporation controlled by you
Dignari Capital Partners Gp Limited 2201 Interest of corporation controlled by you
Tan Mei Zie Grace 2201 Interest of corporation controlled by you
Fu Yan 2202 Interest of your spouse
Chen Lijun 2201 Interest of corporation controlled by you

Zhongchang International Holdings Group Headlines

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