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E&P Global Holdings (HKSE:01142) Momentum Rank : 2 (As of May. 25, 2024)


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What is E&P Global Holdings Momentum Rank?

E&P Global Holdings has the Momentum Rank of 2.

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 E&P Global Holdings's Momentum Rank

For the Oil & Gas Refining & Marketing subindustry, E&P Global 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.


E&P Global Holdings's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, E&P Global Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where E&P Global Holdings's Momentum Rank falls into.



E&P Global Holdings Momentum Rank Related Terms

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E&P Global Holdings (HKSE:01142) Business Description

Traded in Other Exchanges
N/A
Address
414 - 424 Jaffe Road, Units A & B, 15th Floor, Chinaweal Centre, Causeway Bay, Hong Kong, HKG
E&P Global Holdings Ltd, formerly Siberian Mining Group Co Ltd is an investment holding company. The company operates in two segments namely, the Mining segment which involves holding mining and exploration rights of coal mines in Russia; and Trading segment which involves the sales of diesel, gasoline and other products in Korea. It derives key revenue from the Trading segment. Geographically, the group's has operations in Hong Kong, Russia and Korea.
Executives
Cheon Ji In M Partners Co Ltd 2201 Interest of corporation controlled by you
Space Hong Kong Enterprise Limited 2101 Beneficial owner
Onface Co., Limited 2101 Beneficial owner
Park Kyung Hyun 2201 Interest of corporation controlled by you

E&P Global Holdings (HKSE:01142) Headlines

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