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GC Construction Holdings (HKSE:01489) Momentum Rank : 0 (As of May. 03, 2025)


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What is GC Construction Holdings Momentum Rank?

GC Construction Holdings has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


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GC Construction Holdings Business Description

Traded in Other Exchanges
N/A
Address
833 Cheung Sha Wan Road, Unit 909, 9th Floor, Tower 1, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG
GC Construction Holdings Ltd is a wet trades contractor in Hong Kong. The wet trades works performed by the Group mainly included plastering, tile laying, bricklaying, floor screening, and marble works in both public sector projects and private sector projects in Hong Kong. Private sector projects mainly involved private residential developments and commercial developments, and Public sector projects mainly involved public residential developments as well as infrastructure and public facilities developments. It generates the majority of its revenue from Hong Kong.
Executives
Evolve Billion Limited 2101 Beneficial owner
Chan Kiu Sum 2201 Interest of corporation controlled by you
Chan Pong Hing 2202 Interest of your spouse
Chan Wing Ping 2201 Interest of corporation controlled by you
Tsang Chiu Ching 2202 Interest of your spouse

GC Construction Holdings Headlines

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