Mediwelcome Healthcare Management & Technology (HKSE:02159) Momentum Rank : 10 (As of May. 04, 2025)

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What is Mediwelcome Healthcare Management & Technology Momentum Rank?

Mediwelcome Healthcare Management & Technology has the Momentum Rank of 10.

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 Mediwelcome Healthcare Management & Technology's Momentum Rank

For the Health Information Services subindustry, Mediwelcome Healthcare Management & Technology'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.

Mediwelcome Healthcare Management & Technology's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mediwelcome Healthcare Management & Technology's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Mediwelcome Healthcare Management & Technology's Momentum Rank falls into.

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Mediwelcome Healthcare Management & Technology Momentum Rank Related Terms

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Mediwelcome Healthcare Management & Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mediwelcome Healthcare Management & Technology Inc (HKSE:02159) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 East 4th Ring Road, 10th Floor-12th Floor, Parkview Place, Chaoyang District, Beijing, CHN

Website

https://www.mediwelcome.com

Mediwelcome Healthcare Management & Technology Inc provides medical conference services, patient education and screening services, and marketing plan and consulting services.

Executives

Zhang Yitao	2401 A concert party to an agreement to buy shares
Shi Wei
Yang Weimin	2401 A concert party to an agreement to buy shares
Wang Liang
He Hui Wan Yi Investment Management Company Limited	2101 Beneficial owner
Ji Ze Investment Management Company Limited	2101 Beneficial owner
Shun Jia Investment Management Company Limited	2101 Beneficial owner
Tai Zhi Feng Investment Management Company Limited	2101 Beneficial owner
Great Insight Global Limited	2306 Nominee for another person
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee

Mediwelcome Healthcare Management & Technology Headlines

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