Man Shing Global Holdings (HKSE:08309) Momentum Rank : 0 (As of May. 02, 2025)

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What is Man Shing Global Holdings Momentum Rank?

Man Shing Global Holdings has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Man Shing Global Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Man Shing Global Holdings Ltd (HKSE:08309) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Kin Hong Street, Unit 10, 11th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.manshing.com.hk

Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus, and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments namely the environmental cleaning services segment which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.

Executives

Wong Chong Shing

2103 Interests held jointly with another person

Man Shing Global Holdings Headlines

No Headlines