Sling Group Holdings (HKSE:08285) Momentum Rank : 0 (As of Jan. 19, 2025)

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What is Sling Group Holdings Momentum Rank?

Sling Group 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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Sling Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sling Group Holdings Ltd (HKSE:08285) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

64 Hoi Yuen Road, Unit 1, 21st Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sling-inc.com.hk

Sling Group Holdings Ltd is an investment holding company engaged in the design and sale of women's handbags, small leather goods, luggage, and travel goods. Its products of the company include designing, promoting, and selling women's handbags, small leather goods, and travel goods, including handle bags, clutch bags, wallets, coin cases, cardholders, and suitcases in the PRC. It group has a business presence in China and Hong Kong, of which key revenue is derived from China. It brand portfolio of the company comprises two brands namely, Elle, Jessie, and Jane.

Executives

Yen Sheng Investment Limited	2101 Beneficial owner
Li Wing Chi Agnes	2201 Interest of corporation controlled by you
Summit Time Resources Limited	2101 Beneficial owner
Chan Yee Ling Elaine	2202 Interest of your spouse
Hiang Siu Wei Cecilia	2202 Interest of your spouse
Yau Sonny Tai Nin	2201 Interest of corporation controlled by you
Yau Tai Leung Sammy	2201 Interest of corporation controlled by you
Lee Shui Kwai Victor	2202 Interest of your spouse

Sling Group Holdings Headlines

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