Coolpoint Innonism Holding (HKSE:08040) Momentum Rank : 9 (As of May. 27, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Coolpoint Innonism Holding Momentum Rank?

Coolpoint Innonism Holding has the Momentum Rank of 9.

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 Coolpoint Innonism Holding's Momentum Rank

For the Consulting Services subindustry, Coolpoint Innonism Holding'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.

Coolpoint Innonism Holding's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Coolpoint Innonism Holding's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Coolpoint Innonism Holding's Momentum Rank falls into.

Coolpoint Innonism Holding Momentum Rank Related Terms

Thank you for viewing the detailed overview of Coolpoint Innonism Holding's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Coolpoint Innonism Holding (HKSE:08040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Coolpoint Innonism Holding Ltd (HKSE:08040) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.coolpointinnonism.com

Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.

Executives

Chen Yi-sung	2101 Beneficial owner
Advance Goal Group Limited	2101 Beneficial owner
Cheng Tsang Fu Dennis	2201 Interest of corporation controlled by you
Cheng Tsang Wai	2201 Interest of corporation controlled by you
Chow Siu Shan Juliana	2202 Interest of your spouse
Liu Lee Lee Lily	2201 Interest of corporation controlled by you

Coolpoint Innonism Holding (HKSE:08040) Headlines

No Headlines