Quantum Thinking (HKSE:08050) Momentum Rank : 5 (As of Apr. 25, 2025)

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What is Quantum Thinking Momentum Rank?

Quantum Thinking has the Momentum Rank of 5.

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 Quantum Thinking's Momentum Rank

For the Information Technology Services subindustry, Quantum Thinking'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.

Quantum Thinking's Momentum Rank Distribution in the Software Industry

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

* The bar in red indicates where Quantum Thinking's Momentum Rank falls into.

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Quantum Thinking Momentum Rank Related Terms

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Quantum Thinking Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quantum Thinking Ltd (HKSE:08050) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Gloucester Road, Unit 1308, 13th Floor, Capital Centre, Wanchai, Hong Kong, HKG

Website

https://www.8050hk.com

Quantum Thinking Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, it is principally engaged in providing system development services and other value-added technical consultation services, trading of hardware products, and short messaging service fee. The company's reportable segments are; System development and consultancy services (Services), Sales of hardware products; and Short messaging service fee. The maximum revenue for the company is generated from its Short messaging service fee segment. Geographically, it generates all of its revenue from the People's Republic of China.

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