TL Natural Gas Holdings (HKSE:08536) Momentum Rank : 3 (As of May. 02, 2025)

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What is TL Natural Gas Holdings Momentum Rank?

TL Natural Gas Holdings has the Momentum Rank of 3.

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 TL Natural Gas Holdings's Momentum Rank

For the Specialty Retail subindustry, TL Natural Gas 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.

TL Natural Gas Holdings's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TL Natural Gas Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where TL Natural Gas Holdings's Momentum Rank falls into.

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TL Natural Gas Holdings Momentum Rank Related Terms

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TL Natural Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TL Natural Gas Holdings Ltd (HKSE:08536) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dong Fang Road, Jingzhou Primary Station, Economic Development Zone, Hubei Province, Jingzhou, CHN

Website

http://www.tl-cng.com

TL Natural Gas Holdings Ltd is engaged in the sale of compressed natural gas and an automated car wash service. The company operates in four different segments: the sale of natural gas and the provision of digital marketing service. The company derives revenue from the sale of compressed natural gas. The revenue comes from the distribution of CNG to retail customers, mainly vehicle end users and wholesale customers, town gas companies, gas station operators, and industrial users.

Executives

Hongsheng Enterprise Limited	2101 Beneficial owner
Liu Yongcheng	2103 Interests held jointly with another person
Liu Yongqiang	2201 Interest of corporation controlled by you
Yongsheng Enterprise Limited	2103 Interests held jointly with another person
Yu Ting Hin	2101 Beneficial owner
Lee Kwok Wah	2101 Beneficial owner
Stable Development Company Limited	2101 Beneficial owner
Yu Kin Wai Perway	2201 Interest of corporation controlled by you
Fai Wai Lap Felip	2101 Beneficial owner

TL Natural Gas Holdings Headlines

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