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CTR Holdings (HKSE:01416) Momentum Rank : 0 (As of Jun. 04, 2024)


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What is CTR Holdings Momentum Rank?

CTR 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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CTR Holdings (HKSE:01416) Business Description

Traded in Other Exchanges
N/A
Address
21 Woodlands Close No. 08-11/12, Primz Bizhub, Singapore, SGP, 737854
CTR Holdings Ltd is an investment holding company. The company focuses on the provision of structural engineering works and wet architectural works services. The company generates maximum revenue from Structural engineering works. Geographically, the company derives revenue from Singapore. The Structural engineering works services of the company include reinforced concrete works which include steel reinforcement works, formwork erection and concrete works, and Precast installation works while the Wet architectural works services include Masonry building works; Plastering and screeding works; Tiling works and Waterproofing works.
Executives
Brave Ocean Limited 2101 Beneficial owner
Gou Shuzhen 2103 Interests held jointly with another person
Le Thi Minh Tam 2202 Interest of your spouse
Lin Qingling 2202 Interest of your spouse
Xu Junjie 2202 Interest of your spouse
Xu Tiancheng 2201 Interest of corporation controlled by you
Xu Xuping 2201 Interest of corporation controlled by you

CTR Holdings (HKSE:01416) Headlines

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