Prosperous Printing Co (HKSE:08385) Momentum Rank : 0 (As of Dec. 15, 2024)

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What is Prosperous Printing Co Momentum Rank?

Prosperous Printing Co 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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Prosperous Printing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prosperous Printing Co Ltd (HKSE:08385) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Fung Yip Street, 3rd Floor, Yip Cheung Centre, Chai Wan, Hong Kong, HKG

Website

http://www.prosperous-printing-group.com.hk

Prosperous Printing Co Ltd operates as a printing company in both Hong Kong and the PRC. Its products include case bound, softbound, saddle stitch book, handcraft items, silk screening, finishing, and cut and stamp. The company operates in only one operating segment which is the books and paper products production segment. Its geographic locations are Hong Kong, the PRC, the United States, the United Kingdom, and others.

Executives

First Tech Inc.	2101 Beneficial owner
Lam Sam Ming	2201 Interest of corporation controlled by you
Yao Yuan	2202 Interest of your spouse
Cheung Ting Kin	2201 Interest of corporation controlled by you
Infinity Credits Co., Limited	2106 Person having a security interest in shares
Infinity International Holding Limited	2201 Interest of corporation controlled by you
Zhao Zhisheng	2201 Interest of corporation controlled by you
First Tech Inc.	2101 Beneficial owner
Fine Time Concept Limited	2101 Beneficial owner

Prosperous Printing Co Headlines

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