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TS Wonders Holding (HKSE:01767) Momentum Rank : 1 (As of Jun. 23, 2024)


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What is TS Wonders Holding Momentum Rank?

TS Wonders Holding has the Momentum Rank of 1.

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 TS Wonders Holding's Momentum Rank

For the Packaged Foods subindustry, TS Wonders Holding'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.


TS Wonders Holding's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TS Wonders Holding's Momentum Rank distribution charts can be found below:

* The bar in red indicates where TS Wonders Holding's Momentum Rank falls into.



TS Wonders Holding Momentum Rank Related Terms

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TS Wonders Holding (HKSE:01767) Business Description

Traded in Other Exchanges
N/A
Address
255 Pandan Loop, Singapore, SGP, 128433
TS Wonders Holding Ltd and its subsidiaries are engaged in the production, packaging, and retailing of food products. The company's products include snack food options such as Roasted nuts, Baked nuts, Cassava chips, Potato chips, Dried fruits and other snacks. The three reportable segments are Nuts; Chips and Others, of which key revenue is derived from the Nuts segment. The products have been sold and distributed to over various countries, including Singapore, Malaysia, the PRC, India, the United Kingdom and Indonesia.
Executives
Han Yew Lang 2501 Other
Lim Fung Chor 2201 Interest of corporation controlled by you
Lim Fung Yee 2201 Interest of corporation controlled by you
Lim Seow Yen 2201 Interest of corporation controlled by you
Loo Soon Hock James 2501 Other
Ong Liow Wah 2501 Other
Swl Limited 2101 Beneficial owner

TS Wonders Holding (HKSE:01767) Headlines

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