Chaoju Eye Care Holdings (HKSE:02219) Momentum Rank : 5 (As of May. 02, 2025)

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What is Chaoju Eye Care Holdings Momentum Rank?

Chaoju Eye Care Holdings has the Momentum Rank of 5.

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 Chaoju Eye Care Holdings's Momentum Rank

For the Medical Care Facilities subindustry, Chaoju Eye Care 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.

Chaoju Eye Care Holdings's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chaoju Eye Care Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Chaoju Eye Care Holdings's Momentum Rank falls into.

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Chaoju Eye Care Holdings Momentum Rank Related Terms

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Chaoju Eye Care Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chaoju Eye Care Holdings Ltd (HKSE:02219) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 14 Yard, West 3rd Ring South Road, Block A, Shouke Building, 24th Floor, East Zone, Fengtai District, Beijing, CHN

Website

http://www.chaojueye.com

Chaoju Eye Care Holdings Ltd is a ophthalmic medical service group in North China engaged in engaged in the provision of in-patient services, out-patient services and sales of optical products. The company generate revenue from consumer ophthalmic services and basic ophthalmic services. The consumer ophthalmic services include treatments and prevention of various types of ophthalmic disorders, including refractive correction, myopia control and provision of optical products and services. The basic ophthalmic services include treatments of a wide range of common eye diseases, including cataract, glaucoma, squint, ocular fundus diseases, ocular surface diseases, orbital diseases and pediatric eye diseases.

Executives

Zhang Junfeng	2103 Interests held jointly with another person
Zhang Xiaoli	2103 Interests held jointly with another person
Zhang Bozhou	2103 Interests held jointly with another person
Areo Holdings Limited	2201 Interest of corporation controlled by you
Li Gabriel	2201 Interest of corporation controlled by you
Lam Lai Ming	2201 Interest of corporation controlled by you
Orchid Asia Vii, L.p.	2201 Interest of corporation controlled by you
Orchid Asia Vii Gp, Limited	2201 Interest of corporation controlled by you
Orchid Asia V Group, Limited	2201 Interest of corporation controlled by you
Orchid Asia V Group Management, Limited	2201 Interest of corporation controlled by you
Oavii Holdings, L.p.	2201 Interest of corporation controlled by you
Orchid Asia Vii Global Investment Limited	2101 Beneficial owner
Wang Stephen Hui	2201 Interest of corporation controlled by you
Xia Men Chao Xi Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Zhang Wenwen	2201 Interest of corporation controlled by you

Chaoju Eye Care Holdings Headlines

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