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China Digital Video Holdings (HKSE:08280) Momentum Rank : 0 (As of Dec. 15, 2024)


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What is China Digital Video Holdings Momentum Rank?

China Digital Video Holdings 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 Digital Video Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 131 West Fourth Ring Road North, China Digital Video Technical Plaza, Haidian District, Beijing, CHN, 100195
China Digital Video Holdings Ltd is an investment holding company. Along with its subsidiaries, the group is engaged in the research, development, and sales of video-related and broadcasting equipment and software and the provision of related technical services in the People's Republic of China (the PRC). It provides a full range of solutions, services, and products to TV broadcasters and other digital video content providers, focusing mainly on the post-production segment. The company provides various products and services such as Graphic Writing, Editing Production, Special Effects Synthesis, and others. It derives its revenue predominantly from the sale of solutions, provision of services, and sale of products.
Executives
Zheng Fushuang
Li Peng 2201 Interest of corporation controlled by you
Power Side Limited 2201 Interest of corporation controlled by you
Wickhams Cay Trust Company Limited 2301 Trustee
Guo Langhua 2101 Beneficial owner
Zfs Holdings Limited 2201 Interest of corporation controlled by you
Zheng Fushuang 2101 Beneficial owner
Rong Cheng Kong Gu You Xian Gong Si 2101 Beneficial owner

China Digital Video Holdings Headlines

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