DLC Asia (HKSE:08210) Momentum Rank : 0 (As of Jan. 19, 2025)

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What is DLC Asia Momentum Rank?

DLC Asia 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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DLC Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DLC Asia Ltd (HKSE:08210) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Fleming Road, Units 2601-3, Tai Tung Building, Wanchai, Hong Kong, HKG

Website

https://www.derivaasia.com

DLC Asia Ltd is an investment holding company. Along with its holdings, the company is known as the interdealer broker in Hong Kong that provides derivatives brokerage services to Professional Investors by dealing in securities and futures contracts. Its revenues are derived from commission income received from customers for providing brokerage services on derivative contracts by various execution channels including HKEx, SGX, and OTC. Its revenue is earned from the HKEx market.

Executives

Tsai Wen Hao	2101 Beneficial owner
Ng Yu Fai	2101 Beneficial owner
Yu Kwok Tung
Mak Sui Yu	2202 Interest of your spouse
Oasis Green Ventures Limited	2101 Beneficial owner
Pacific Asset Limited	2201 Interest of corporation controlled by you
Yip Shui Chi Rowena	2101 Beneficial owner
Jolly Ocean Global Limited
Santo Global Investments Limited
Dense Jungle Limited
Lau Ming Hong Henry
Lo Ying

DLC Asia Headlines

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