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Top Spring International Holdings (HKSE:03688) Momentum Rank : 10 (As of Jan. 18, 2025)


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What is Top Spring International Holdings Momentum Rank?

Top Spring International Holdings has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Top Spring International Holdings's Momentum Rank

For the Real Estate - Development subindustry, Top Spring International 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.


Top Spring International Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Top Spring International Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Top Spring International Holdings's Momentum Rank falls into.



Top Spring International Holdings Momentum Rank Related Terms

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Top Spring International Holdings Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Rooms 04-08, 26th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Top Spring International Holdings Ltd is an investment holding engaged in property development, property investment, property management and related services, and education-related services in the People's Republic of China. It generates the majority of its revenue from the Property development segment which develops and sells residential and commercial properties. Geographically the company has a presence in Chinese Mainland, Hong Kong, and Australia, with key revenue coming from Chinese Mainland.
Executives
Hsbc International Trustee Limited 2301 Trustee
Ong Sek Hian (wang Shixian) 2201 Interest of corporation controlled by you
Ong Jenn (wang Zhen) 2201 Interest of corporation controlled by you
Chance Again Limited 2101 Beneficial owner
Cheung Yuet (b.v.i.) Limited 2201 Interest of corporation controlled by you
Liu Choi Lin 2202 Interest of your spouse
Wong Chun Hong 2201 Interest of corporation controlled by you
Metro Holdings Limited 2201 Interest of corporation controlled by you
Metro Holdings Limited 2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si 2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Top Spring International Holdings Headlines

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