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China First Capital Group (HKSE:01269) Momentum Rank : 0 (As of Dec. 13, 2024)


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What is China First Capital Group Momentum Rank?

China First Capital 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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China First Capital Group Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Unit 913C, 9th Floor, Hong Kong Plaza, Hong Kong, HKG
China First Capital Group Ltd is an investment holding company. The company along with its holding sells automobile Shock absorber, and provides financial and advisory services. The company is also involved in the provision of management and consultancy services to educational institutions. The group has three reportable segments: Automotive parts business; Education management and consultation business; and Financial services business. The company earns a majority of its revenue by selling its automotive parts business. The group principally operates in the PRC.
Executives
Guo Ce 2201 Interest of corporation controlled by you
Principal Global Investment Limited 2101 Beneficial owner
Golden Cloud Co., Limited 2201 Interest of corporation controlled by you
Hongkong Chuang Yue Co., Limited 2101 Beneficial owner
Liu Kun 2201 Interest of corporation controlled by you
Shenmane.d Co., Limited 2201 Interest of corporation controlled by you
Sea Wilson 2201 Interest of corporation controlled by you
Wang Lily 2202 Interest of your spouse
Wealth Max Holdings Limited 2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Sze Ka Wo 2501 Other
Zhongyuan Bank Co., Ltd. 2106 Person having a security interest in shares
Bank Of Communications Co., Ltd 2106 Person having a security interest in shares
Champion Sense Global Limited 2106 Person having a security interest in shares

China First Capital Group Headlines

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