Hang Chi Holdings (HKSE:08405) Momentum Rank : 0 (As of Apr. 30, 2025)

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What is Hang Chi Holdings Momentum Rank?

Hang Chi 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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Hang Chi Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hang Chi Holdings Ltd (HKSE:08405) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Sheung Yuet Road, Unit 09, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.shuionnc.com

Hang Chi Holdings Ltd is engaged in the operation of elderly residential care homes. Its business comprises of providing comprehensive residential care home services to the elderly residents including the provision of accommodation with dietician-managed meal plans, 24-hour nursing and caretaking assistance and professional services such as regular medical consultation, physiotherapy, occupational therapy, psychological and social care services; and the sale of healthcare and medical consumable products and the provision of customizable add-on healthcare services to the elderly residents. The group derives majority of the revenue from Hong Kong.

Executives

Yik Tak Chi	2101 Beneficial owner
Lok Ko Yeung Benjiman
Lui Chi Tat	2101 Beneficial owner
Hang Chi Development & Investment Limited
Lucky Expert Investments Limited
Multifield Investment Development Limited
Shui Wah Limited
Chung Shuk Man
Yik Wai Hang

Hang Chi Holdings Headlines

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