Sundart Holdings (HKSE:01568) Momentum Rank : 8 (As of Jun. 22, 2024)

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What is Sundart Holdings Momentum Rank?

Sundart Holdings has the Momentum Rank of 8.

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.

Competitive Comparison of Sundart Holdings's Momentum Rank

For the Consulting Services subindustry, Sundart Holdings's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sundart Holdings's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sundart Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sundart Holdings's Momentum Rank falls into.

Sundart Holdings Momentum Rank Related Terms

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Sundart Holdings (HKSE:01568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sundart Holdings Ltd (HKSE:01568) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Kwun Tong Road, 19th Floor, Millennium City 3, Kowloon, Hong Kong, HKG

Website

http://www.sundart.com

Sundart Holdings Ltd is an interior decorative company in Hong Kong. It specializes in providing interior works for residential properties and hotel projects. The company's reportable segments are Fitting-out works in Hong Kong; Fitting-out works in Macau; Fitting-out works in China; Fitting-out works in Singapore; Alteration, addition, and construction works in Hong Kong; and Manufacturing, sourcing and distribution of interior decorative materials. Geographically, the group has a business presence in Hong Kong, Macau, the PRC and Other countries, of which prime revenue is derived from the PRC.

Executives

Fu Haixia	2202 Interest of your spouse
Liu Zaiwang	2201 Interest of corporation controlled by you
Jiang He Chuang Jian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jangho Hong Kong Holdings Limited	2201 Interest of corporation controlled by you
Reach Glory International Limited	2101 Beneficial owner
Bei Jing Jiang He Yuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

Sundart Holdings (HKSE:01568) Headlines

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