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Kidztech Holdings (HKSE:06918) Momentum Rank : 1 (As of Jun. 21, 2024)


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What is Kidztech Holdings Momentum Rank?

Kidztech 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 Kidztech Holdings's Momentum Rank

For the Leisure subindustry, Kidztech 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.


Kidztech Holdings's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kidztech Holdings's Momentum Rank distribution charts can be found below:

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



Kidztech Holdings Momentum Rank Related Terms

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Kidztech Holdings (HKSE:06918) Business Description

Traded in Other Exchanges
N/A
Address
94 Granville Road, Room 802, 8thFloor, Inter-Continental Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong followed by Mainland China.
Executives
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you
Chen Cheng 2202 Interest of your spouse
Top Synergy Y&c Limited 2101 Beneficial owner
Yu Huang 2201 Interest of corporation controlled by you
Motivational Mathematics Limited 2101 Beneficial owner
Wu Xiongbin 2201 Interest of corporation controlled by you
He Jingxing 2201 Interest of corporation controlled by you
Charming Flair Limited 2101 Beneficial owner
Chen Chongjian 2201 Interest of corporation controlled by you
Gold-face Finance Limited 2106 Person having a security interest in shares
Zheng Jingyun
Cai Fenguang 2201 Interest of corporation controlled by you
Ng Mo Sum 2201 Interest of corporation controlled by you
Wu Shu Peng 2202 Interest of your spouse

Kidztech Holdings (HKSE:06918) Headlines

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