GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinic Holdings (Group) Co Ltd (HKSE:02103) » Definitions » Momentum Rank

Sinic Holdings (Group) Co (HKSE:02103) Momentum Rank : 0 (As of Jun. 23, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Sinic Holdings (Group) Co Momentum Rank?

Sinic Holdings (Group) Co has the Momentum Rank of 0.

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.

Sinic Holdings (Group) Co Momentum Rank Related Terms

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

Sinic Holdings (Group) Co (HKSE:02103) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinic Holdings (Group) Co Ltd (HKSE:02103) » Definitions » Momentum Rank
Comparable Companies
HKSE:00081 HKSE:01243 HKSE:03377 HKSE:01966 HKSE:01628 HKSE:01622 HKSE:02768 HKSE:01638 HKSE:03301 HKSE:01238 SZSE:000002 HKSE:00688 HKSE:00016 HKSE:03333 HKSE:01109 HKSE:02007 SHSE:600048 HKSE:01113 HKSE:01918 SZSE:001979
Traded in Other Exchanges
N/A
Address
No. 988 ShenChang Road, 7th Floor, HongQiao Vanke Center T6, MinHang District, Shanghai, CHN
Website
http://www.sinicdc.com
Sinic Holdings (Group) Co Ltd is a Cayman Islands-based property developer. It is engaged in the development of residential and commercial properties. The company offers property development, property leasing, and the provision of management consulting services. It generates revenue through the sale of properties and mainly operates in Mainland China.
Executives
Zhang Yuanlin 2101 Beneficial owner
Wu Chengping 2202 Interest of your spouse
Honoured Ever Oriental Holdings Limited 2201 Interest of corporation controlled by you
Sinic Group Company Limited 2201 Interest of corporation controlled by you
Sinic Holdings Group Company Limited 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Xin Hong Company Limited 2201 Interest of corporation controlled by you

Sinic Holdings (Group) Co (HKSE:02103) Headlines

No Headlines