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Transmit Entertainment (HKSE:01326) Momentum Rank : 0 (As of Jan. 19, 2025)


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What is Transmit Entertainment Momentum Rank?

Transmit Entertainment 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.


Transmit Entertainment Momentum Rank Related Terms

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Transmit Entertainment Business Description

Traded in Other Exchanges
N/A
Address
128 Gloucester Road, Flat B, 14th Floor, Neich Tower, Wanchai, Hong Kong, HKG
Transmit Entertainment Ltd is engaged in engages in film, TV series, and variety show production, distribution and licensing of film rights and other businesses. The Group produces Chinese variety shows and TV series in both Mainland China and Hong Kong. The firm operates in the following segments: TV series production and distribution; Film exhibition and Pan entertainment. The majority of its revenue is generated from the TV series production and distribution segment. Geographically, it derives maximum revenue from Mainland, the People's Republic of China, and the rest from Hong Kong.
Executives
Gardner Aaron Luke (in The Capacity As The Receiver) 2501 Other
Fok Hei Yu (in The Capacity As The Receiver) 2501 Other
Zhang Liang, Johnson 2101 Beneficial owner
Charming Treasure Investments Ltd. 2106 Person having a security interest in shares
China Orient Asset Management (international) Holding Limited 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Nice Rich Group Limited 2101 Beneficial owner
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you

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