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Boill Healthcare Holdings (HKSE:01246) Momentum Rank : 0 (As of Jun. 21, 2024)


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What is Boill Healthcare Holdings Momentum Rank?

Boill Healthcare 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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Boill Healthcare Holdings (HKSE:01246) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 Connaught Road Central, Room 2101, 21st Floor, Wing On Centre, Hong Kong, HKG
Boill Healthcare Holdings Ltd is an investment holding company. Its operating segment includes Property development that engages in the sale of properties and provision of property management services. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.
Executives
Qiu Dongfang 2201 Interest of corporation controlled by you
Boill International Co., Limited 2101 Beneficial owner
Liyao Investment Limited 2101 Beneficial owner
Shang Hai Jia Fu Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Bao Ji Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Qiu Dongfang 2201 Interest of corporation controlled by you
China Huarong International Holdings Ltd 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
Cai Weijie 2101 Beneficial owner

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