China Hongguang Holdings (HKSE:08646) Momentum Rank : 2 (As of May. 04, 2025)

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What is China Hongguang Holdings Momentum Rank?

China Hongguang 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 China Hongguang Holdings's Momentum Rank

For the Building Products & Equipment subindustry, China Hongguang 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.

China Hongguang Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Hongguang Holdings's Momentum Rank distribution charts can be found below:

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

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China Hongguang Holdings Momentum Rank Related Terms

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China Hongguang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Hongguang Holdings Ltd (HKSE:08646) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastside of Middle of Rongchi Road, Xianqiao, Rongcheng, Guangdong Province, Jieyang, CHN

Website

http://www.hongguang.hk

China Hongguang Holdings Ltd is engaged in the manufacturing and sales of glass products in the PRC. The company offers two categories of architectural glass products under its own Hong Guang brand which includes energy-efficient safety glass products and smart glass products. Its energy-efficient safety glass products include coated glass, insulating glass, laminated glass, and tempered glass; and smart glass product is mainly dimming glass. It has only one operating segment which is the sale of glass products. The company derives all its revenue from the sales of glass products in the PRC.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Lin Weishan	2307 Founder of a discretionary trust who can infl
Liu Rong	2307 Founder of a discretionary trust who can infl
Ming Liang Global Limited	2101 Beneficial owner
Wei Family Limited	2201 Interest of corporation controlled by you
Wei Jiakun	2307 Founder of a discretionary trust who can infl
Wang Yichuan	2201 Interest of corporation controlled by you
Yichuan Holding Limited	2201 Interest of corporation controlled by you
Dong Sheng Chuang Tou You Xian Gong Si
Wang Yaqing	2201 Interest of corporation controlled by you
Li Wei	2201 Interest of corporation controlled by you
Li Ce Guo Ji Kong Gu You Xian Gong Si	2101 Beneficial owner

China Hongguang Holdings Headlines

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