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CT Vision SL (International) Holdings (HKSE:00994) Momentum Rank : 1 (As of Jun. 24, 2024)


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What is CT Vision SL (International) Holdings Momentum Rank?

CT Vision SL (International) Holdings has the Momentum Rank of 1.

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 CT Vision SL (International) Holdings's Momentum Rank

For the Engineering & Construction subindustry, CT Vision SL (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.


CT Vision SL (International) Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, CT Vision SL (International) Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CT Vision SL (International) Holdings's Momentum Rank falls into.



CT Vision SL (International) Holdings Momentum Rank Related Terms

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CT Vision SL (International) Holdings (HKSE:00994) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room No. 808-814, 8th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
CT Vision SL (International) Holdings Ltd is an investment holding company. It is principally engaged in foundation works and ancillary services, general building works, and sales of piles. The company has three operating segments including the Building construction business, Renewable energy business, Renewable energy business and others. Geographically, it derives majority revenue from PRC and also has a presence in Saipan and Hong Kong.
Executives
Condover Assets Limited 2101 Beneficial owner
Daswani Sheba Kishinchand 2202 Interest of your spouse
Kan Hou Sek Jim 2201 Interest of corporation controlled by you
Lee Sai Man 2201 Interest of corporation controlled by you
Poon Man Yee 2202 Interest of your spouse
Ho Lai Kuen 2202 Interest of your spouse
Wong Siu Kwai 2201 Interest of corporation controlled by you
Daswani Sheba Kishinchand 2202 Interest of your spouse
Bc Financial Group Limited 2201 Interest of corporation controlled by you
Forwin Credit Limited 2106 Person having a security interest in shares
Forwin Holding Limited 2201 Interest of corporation controlled by you
Bian Ce 2201 Interest of corporation controlled by you
Guo Min 2201 Interest of corporation controlled by you
Ct Vision Investment Limited 2101 Beneficial owner
Lin Zhiling 2201 Interest of corporation controlled by you

CT Vision SL (International) Holdings (HKSE:00994) Headlines

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