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China Smarter Energy Group Holdings (HKSE:01004) Momentum Rank : 0 (As of Sep. 22, 2024)


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What is China Smarter Energy Group Holdings Momentum Rank?

China Smarter Energy Group Holdings 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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China Smarter Energy Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 23 Harbour Road, Room 2609, 26th Floor, Great Eagle Centre, Wan Chai, Hong Kong, HKG
China Smarter Energy Group Holdings Ltd is an investment holding company. It operates in four segments: Clean energy, Trading in securities, Investment, and Trading of bulk commodities. The Clean energy segment is into the Sale of electricity. The Trading of bulk commodities segment comprises the trading of solid, liquid, and gaseous fuels and other related products and the trading of bulk commodities derivatives. The trading in securities and Investment segments comprises the trading of listed securities and dividend income from listed and unlisted equity investments. Its geographical segments are China, Hong Kong, and Singapore. The company generates majority of revenue from clean energy segment and geographically it generates revenue from china.
Executives
Industrial Bank Co Ltd Hong Kong Branch 2501 Other
Ho Kwok Leung Glen (in The Capacity As A Receiver) 2501 Other
Lai Kar Yan (in The Capacity As A Receiver) 2501 Other
Central Huijin Investment Ltd. 2305 Beneficiary of a trust
China Construction Bank Corporation 2305 Beneficiary of a trust
China Shandong Hi-speed Capital Limited 2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited 2201 Interest of corporation controlled by you
Safe Castle Limited 2101 Beneficial owner
Shan Dong Gao Su Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Da Chang Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Yu Kai Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Wang Leilei 2201 Interest of corporation controlled by you
Rationale (holdings) Investment Limited 2201 Interest of corporation controlled by you
Li Qinggao 2201 Interest of corporation controlled by you

China Smarter Energy Group Holdings Headlines

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