Winox Holdings (HKSE:06838) Momentum Rank : 1 (As of Dec. 14, 2024)

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What is Winox Holdings Momentum Rank?

Winox Holdings has the Momentum Rank of 1.

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 Winox Holdings's Momentum Rank

For the Luxury Goods subindustry, Winox 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.

Winox Holdings's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Winox Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Winox Holdings's Momentum Rank falls into.

Winox Holdings Momentum Rank Related Terms

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Winox Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Winox Holdings Ltd (HKSE:06838) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

610 Cha Kwo Ling Road, Units 2 and 3, 1st Floor, Sunray Industrial Centre, Yau Tong, Kowloon, Hong Kong, HKG

Website

http://www.winox.com

Winox Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the development and manufacturing of premium stainless steel products, which include products such as watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories. Its geographical segments include China, Taiwan, Switzerland, Hong Kong, Liechtenstein & other European countries, Taiwan, and Other countries. The majority of the revenue for the company comes from the PRC.

Executives

Webb David Michael	2201 Interest of corporation controlled by you
Ming Fung Holdings (hong Kong) Limited	2201 Interest of corporation controlled by you
Ming Fung Investment Limited	2101 Beneficial owner
Winholme Holdings Limited	2101 Beneficial owner
Law Wai Ping	2201 Interest of corporation controlled by you
Yiu Hon Ming	2201 Interest of corporation controlled by you
Chan Kai Ming	2201 Interest of corporation controlled by you
Leung Wai Yin, Edith	2202 Interest of your spouse
Tang Wai Fong	2201 Interest of corporation controlled by you

Winox Holdings Headlines

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