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Sunkwan Properties Group (HKSE:06900) Momentum Rank : 0 (As of Sep. 22, 2024)


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What is Sunkwan Properties Group Momentum Rank?

Sunkwan Properties 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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Sunkwan Properties Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunkwan Properties Group Ltd (HKSE:06900) » Definitions » Momentum Rank
Comparable Companies
HKSE:01862 HKSE:01232 HKSE:00845 HKSE:00456 HKSE:01064 HKSE:00009 HKSE:00262 HKSE:02088 HKSE:06611 HKSE:01124 HKSE:00016 HKSE:01109 HKSE:00688 TSE:1925 SHSE:600048 HKSE:01113 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
N/A
Address
No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Website
http://www.sunkwan.com.cn
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.
Executives
Chen Peng 2202 Interest of your spouse
Fulva Holding Limited 2201 Interest of corporation controlled by you
Northern American Trust Company, Llc 2301 Trustee
Yongheng Holdings Limited 2101 Beneficial owner
Zhu Jing 2307 Founder of a discretionary trust who can infl
Ginkgo Gofar Holdings Limited 2101 Beneficial owner
Lin Jinfeng 2201 Interest of corporation controlled by you

Sunkwan Properties Group Headlines

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