TradeGo FinTech (HKSE:08017) Momentum Rank : 9 (As of May. 04, 2025)

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What is TradeGo FinTech Momentum Rank?

TradeGo FinTech has the Momentum Rank of 9.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

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

Competitive Comparison of TradeGo FinTech's Momentum Rank

For the Software - Infrastructure subindustry, TradeGo FinTech'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.

TradeGo FinTech's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, TradeGo FinTech's Momentum Rank distribution charts can be found below:

* The bar in red indicates where TradeGo FinTech's Momentum Rank falls into.

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TradeGo FinTech Momentum Rank Related Terms

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TradeGo FinTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TradeGo FinTech Ltd (HKSE:08017) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Xinghai Avenue Nanshan Street, 2808, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN

Website

https://www.tradego8.com

TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services; market data services; hosting and cloud infrastructure services; SaaS services; and other value-added services. The majority of the firm's revenue gets derived from Front office trading system services.

Executives

Liao Jicheng	2101 Beneficial owner
Lu Ximeng	2202 Interest of your spouse
Liu Xiaoming	2202 Interest of your spouse
Liu Yong	2401 A concert party to an agreement to buy shares
Zhang Wenhua	2101 Beneficial owner
Ye Liqin	2202 Interest of your spouse
Chen Zhaoxia	2202 Interest of your spouse
Wan Yong	2401 A concert party to an agreement to buy shares
Coast Flagship Investment Spc – Harvest Ipo Mixed Strategy Investment Sp	2101 Beneficial owner
Coast International Asset Management Limited	2102 Investment manager
Stand Tall International Limited	2201 Interest of corporation controlled by you
Xin Cheng International Limited	2101 Beneficial owner
Sbi China Capital Holdings Limited	2201 Interest of corporation controlled by you
Sbi China Capital Financial Services Limited	2101 Beneficial owner
Probest Limited	2201 Interest of corporation controlled by you

TradeGo FinTech Headlines

No Headlines