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All Nation International Group (HKSE:08170) Momentum Rank : 3 (As of May. 26, 2024)


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What is All Nation International Group Momentum Rank?

All Nation International Group has the Momentum Rank of 3.

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 All Nation International Group's Momentum Rank

For the Engineering & Construction subindustry, All Nation International Group'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.


All Nation International Group's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, All Nation International Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where All Nation International Group's Momentum Rank falls into.



All Nation International Group Momentum Rank Related Terms

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All Nation International Group (HKSE:08170) Business Description

Traded in Other Exchanges
N/A
Address
No. 6-8 Harbour Road, Unit 2918, 29th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
All Nation International Group Ltd, formerly China All Nation International Holdings Group Ltd is principally engaged in the provision of civil engineering consulting, contracting, project management, and interior design and decoration services as well as office sub-leasing. The operating business of the company is Contracting; Interior design and decoration works and Property subleasing and management services. It generates maximum revenue from the Property sub-leasing and management service segment. Geographically, it derives a majority of its revenue from China.
Executives
Sonic Solutions Limited 2101 Beneficial owner
Su Hongtao 2201 Interest of corporation controlled by you
Lin Ye 2201 Interest of corporation controlled by you
Sonic Solutions Limited 2101 Beneficial owner
Xia Yuqing 2101 Beneficial owner
Jing Shiqi 2201 Interest of corporation controlled by you
Wealth Triumph Corporation 2101 Beneficial owner
Li Song 2101 Beneficial owner
Liu Guo Ping 2101 Beneficial owner

All Nation International Group (HKSE:08170) Headlines

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