Gala Technology Holding (HKSE:02458) Momentum Rank : 0 (As of May. 03, 2025)

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What is Gala Technology Holding Momentum Rank?

Gala Technology Holding has the Momentum Rank of 0.

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.

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Gala Technology Holding Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Shuniu Street, 15th Floor, Qianhai CTF Finance Tower, Qianhai Shenzhen-Hong Kong Cooperation Zone, Nanshan Subdistrict, Shenzhen, CHN

Website

https://www.galasports.com

Gala Technology Holding Ltd is a mobile game developer, publisher, and operator in China with a focus on mobile sports simulation games for world-wide markets. The overall online sports game market includes all sports-themed games accessible to users on the internet, whereas mobile sports simulation games refer specifically to online sports simulation games that are available on portable devices, such as tablets and smartphones. The Group's operations are operated and managed as a single segment, which is mobile sports game development, publishing and operation mainly in the PRC. The majority of revenue is from Web-based and mobile online game revenue.

Executives

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Jia Xiao Dong
Huang Xiang
Liu Cheng Min
Bei Jing Zhong Guan Cun Chuang Ye Tou Zi Fa Zhan You Xian Gong Si
Bei Jing Zhui Yuan Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Zhui Yuan Cai Fu Zi Ben He Huo Qi Ye You Xian He Huo
Su Zhou Fu De Bo Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo
Song Yu Bo
Lu Yao Ping

Gala Technology Holding Headlines

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