K Cash (HKSE:02483) Momentum Rank : 0 (As of Mar. 03, 2025)

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What is K Cash Momentum Rank?

K Cash 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.

K Cash Momentum Rank Related Terms

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K Cash Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » K Cash Corp Ltd (HKSE:02483) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pedder Street, 17/F, Wheelock House, Central, Hong Kong, HKG

Website

https://www.kcash.hk

K Cash Corp Ltd is engaged in the money lending business of providing secured and unsecured loan financings to both individuals and corporations in Hong Kong. It provides unsecured loan financing to HOS Property Owners, SMEs, and individuals.

Executives

East Asia International Trustees Limited	2301 Trustee
Konew Fintech Corporation Limited	2101 Beneficial owner
Konew Group Limited	2201 Interest of corporation controlled by you
Lee Edwin Kan Hing	2201 Interest of corporation controlled by you
Lee Kun Tai Steven	2201 Interest of corporation controlled by you
Lee Pik Tsong	2201 Interest of corporation controlled by you
Lee Sheung Shing	2201 Interest of corporation controlled by you
Sw Lee Limited	2201 Interest of corporation controlled by you
World Wealth Investment Development Limited	2201 Interest of corporation controlled by you

K Cash Headlines

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