Creative China Holdings (HKSE:08368) Momentum Rank : 2 (As of Mar. 16, 2025)

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What is Creative China Holdings Momentum Rank?

Creative China Holdings has the Momentum Rank of 2.

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.

Competitive Comparison of Creative China Holdings's Momentum Rank

For the Entertainment subindustry, Creative China Holdings'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.

Creative China Holdings's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Creative China Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Creative China Holdings's Momentum Rank falls into.

Creative China Holdings Momentum Rank Related Terms

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Creative China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Creative China Holdings Ltd (HKSE:08368) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5A Xiangjun Nanli 2nd Alley, Room 1901, 19th Floor, Yulin Building, Chaoyang District, Beijing, CHN

Website

http://www.ntmediabj.com

Creative China Holdings Ltd is an investment holding company in China. It has five operating segments program production, concert and event organization, mobile application development, and operation; and artist management. The program production segment generating maximum revenue, provides film and television program original script creation, adaption, production & licensing, and related services. The company's geographical segments are Hong Kong, China and other countries in S outheast Asia.

Executives

Guang Rui Investments Limited
Yang Shaoqian
Youth Success Holdings Limited
Goldbless International Limited
Liang Longfei
Mou Sufang
Alpine Nova Limited
Wang Xu
Tan Koon Aik
Ang Yu Yuan Shawn
Wang Yong
Wu Jian
Tan Yew Jing
Mu Sufang

Creative China Holdings Headlines

No Headlines