Finsoft Financial Investment Holdings (HKSE:08018) Momentum Rank : 0 (As of Dec. 16, 2024)

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What is Finsoft Financial Investment Holdings Momentum Rank?

Finsoft Financial Investment Holdings 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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Finsoft Financial Investment Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Finsoft Financial Investment Holdings Ltd (HKSE:08018) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Gloucester Road, Unit 708, 7th Floor, Capital Centre, Wanchai, Hong Kong, HKG

Website

http://www.finsofthk.com

Finsoft Financial Investment Holdings Ltd engages in investment with interests in the businesses of software solutions and financial platforms. The company operates through the segments of, the Financial trading software solutions segment, which earns a majority of the revenue, engages in the development, sale, and provision of financial trading software solutions; the Other IT and internet financial platforms segment provides e-commerce platforms, other online consultancy services, and financial information; Money lending segment refers to the loan financing solutions; Assets investments segment engages in trading of listed securities; and the Others segment. The group's major operations are located in Hong Kong.

Executives

Zhang Xiongfeng	2101 Beneficial owner
Tin Yat Yu Carol (formerly Known As Yuen Sin Carol)	2101 Beneficial owner
Chan Sek Keung Ringo	2101 Beneficial owner
Ever Robust Holdings Limited	2101 Beneficial owner
Hang Tai Yue Group Holdings Limited	2201 Interest of corporation controlled by you
Zhu Liang Hui Hui	2101 Beneficial owner

Finsoft Financial Investment Holdings Headlines

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