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Arrail Group (HKSE:06639) Momentum Rank : 0 (As of Jun. 07, 2024)


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What is Arrail Group Momentum Rank?

Arrail Group 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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Arrail Group (HKSE:06639) Business Description

Traded in Other Exchanges
Address
No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN
Arrail Group Ltd is a dental services provider in the premium private dental service market in China.
Executives
Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited 2301 Trustee
Kastle Limited 2301 Trustee
Total Success Investment Ltd. 2101 Beneficial owner
Zhang Zheng 2201 Interest of corporation controlled by you
Young Roger K C 2201 Interest of corporation controlled by you
Empire Choice International Limited 2501 Other
Buckley John Paul 2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp 2102 Investment manager
19 Growth Capital Fund Gp Inc. 2102 Investment manager
Rise Day Holdings Limited
United Culture Assets Limited
Qiming Gp Ii, L.p. 2201 Interest of corporation controlled by you
Kpcb China Associates Ltd 2201 Interest of corporation controlled by you

Arrail Group (HKSE:06639) Headlines

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