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China Demeter Financial Investments (HKSE:08120) Momentum Rank : 0 (As of Jun. 08, 2024)


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What is China Demeter Financial Investments Momentum Rank?

China Demeter Financial Investments 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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China Demeter Financial Investments (HKSE:08120) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » China Demeter Financial Investments Ltd (HKSE:08120) » Definitions » Momentum Rank
Comparable Companies
HKSE:08447 HKSE:08432 HKSE:08056 HKSE:00657 HKSE:08493 HKSE:08412 HKSE:08428 HKSE:08096 HKSE:08475 HKSE:08510 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR DRI DPZ YUMC
Traded in Other Exchanges
N/A
Address
No. 95 Queensway, Office A01, 35th Floor, United Centre, Admiralty, Hong Kong, HKG
Website
http://www.chinademeter.com
China Demeter Financial Investments Ltd is an investment holding company. Its operating segments of the company are Money Lending, Financial Services, Securities Investment, Food and Beverage, Alcoholic Beverage Distribution, and Children's Education Services. It generates maximum revenue from the Food and beverage segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Trinity Worldwide Capital Holding Limited
Ng Ting Kit

China Demeter Financial Investments (HKSE:08120) Headlines

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