Quanzhou Huixin Micro-credit Co (HKSE:01577) Momentum Rank : 1 (As of May. 02, 2025)

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What is Quanzhou Huixin Micro-credit Co Momentum Rank?

Quanzhou Huixin Micro-credit Co has the Momentum Rank of 1.

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.

Competitive Comparison of Quanzhou Huixin Micro-credit Co's Momentum Rank

For the Credit Services subindustry, Quanzhou Huixin Micro-credit Co'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.

Quanzhou Huixin Micro-credit Co's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Quanzhou Huixin Micro-credit Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Quanzhou Huixin Micro-credit Co's Momentum Rank falls into.

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Quanzhou Huixin Micro-credit Co Momentum Rank Related Terms

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Quanzhou Huixin Micro-credit Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Quanzhou Huixin Micro-credit Co Ltd (HKSE:01577) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 105 Daxing Street, 35 Floor, Huijin International Center, Fengze District, QuanZhou, Fujian, CHN

Website

http://www.qzhuixin.net

Quanzhou Huixin Micro-credit Co Ltd is a microfinance company. It has two reportable operating segments including the micro-credit business that provides credit facilities to SMEs, micro-enterprises, and entrepreneurial individuals; and the finance lease business that is engaged in providing automobile lease service for individuals. It generates a vast majority of revenues from the micro-credit business. Almost all of the group's revenue is generated from Quanzhou City, Fujian Province in Mainland China.

Executives

Tsai Hiu Chuk	2201 Interest of corporation controlled by you
Zeng Huanrong	2201 Interest of corporation controlled by you
Zhan Hong Qi Ye You Xian Gong Si	2101 Beneficial owner
Gao Li Ya Tai Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Hong Erguan	2101 Beneficial owner
Grand Wealth (hk) Investment Limited	2101 Beneficial owner
Cheng Chau Yuet	2202 Interest of your spouse
Chong Ming Ting	2201 Interest of corporation controlled by you
Wu Weiqi	2201 Interest of corporation controlled by you
Yue Tai Investment Limited	2101 Beneficial owner
Good Rising Investments Limited	2101 Beneficial owner
Pleasant Advent Limited	2201 Interest of corporation controlled by you
Wong Sze Ying Chloe	2201 Interest of corporation controlled by you
Cai Jianchu	2101 Beneficial owner

Quanzhou Huixin Micro-credit Co Headlines

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