GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Zero2IPO Holdings Inc (HKSE:01945) » Definitions » Momentum Rank

Zero2IPO Holdings (HKSE:01945) Momentum Rank : 7 (As of Sep. 23, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Zero2IPO Holdings Momentum Rank?

Zero2IPO Holdings has the Momentum Rank of 7.

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 Zero2IPO Holdings's Momentum Rank

For the Financial Conglomerates subindustry, Zero2IPO 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.


Zero2IPO Holdings's Momentum Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zero2IPO Holdings's Momentum Rank falls into.



Zero2IPO Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Zero2IPO Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Zero2IPO Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.40 Xiaoyun Road, 10th Floor, Air China Century Building, Building No.1, Chaoyang District, Beijing, CHN, 100600
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focus on providing information, industry exchanges, and brand promotion, and Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services, and the majority of the revenue comes from the Marketing services.
Executives
Ni Zhengdong 2201 Interest of corporation controlled by you
Jq Brothers Ltd. 2101 Beneficial owner

Zero2IPO Holdings Headlines

No Headlines