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XXF Group Holdings (HKSE:02473) Momentum Rank : 0 (As of Dec. 12, 2024)


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What is XXF Group Holdings Momentum Rank?

XXF Group Holdings 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.

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XXF Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » XXF Group Holdings Ltd (HKSE:02473) » Definitions » Momentum Rank
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 318 Fuguang Road, Building 3, Fuxing Economic Development Zone, Jin’an District, Fujian, Fuzhou, CHN
Website
https://www.xxfqc.com
XXF Group Holdings Ltd is an established automobile retailer providing automobile finance lease service through its self-operated sales outlets in the PRC. The Group's principal businesses comprise automobile retail and finance, where it sells non-luxury automobiles mostly on direct finance lease; and automobile-related businesses, where it principally offers automobile operating lease service and other automobile-related services.
Executives
Easycar Inc. 2201 Interest of corporation controlled by you
Hit Drive Limited 2101 Beneficial owner
Mandarin Link Inc. 2201 Interest of corporation controlled by you
Tomorrow Land Holdings Limited 2201 Interest of corporation controlled by you
Didi Global Inc. 2201 Interest of corporation controlled by you
Shang Hai Bo Li Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Fu Zhou Zhi Tong Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Teng Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ji Li Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Fo Shan Shi Hui Shang Yin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Dong An Wei Ye Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Dong Zhang An Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guo Tou Zi Ben Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Wan He Xing Sheng Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Zhu Hai Wan He Jin Hua Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

XXF Group Holdings Headlines

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