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Times Neighborhood Holdings (HKSE:09928) Momentum Rank : 10 (As of Jun. 22, 2024)


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What is Times Neighborhood Holdings Momentum Rank?

Times Neighborhood Holdings has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Times Neighborhood Holdings's Momentum Rank

For the Real Estate Services subindustry, Times Neighborhood 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.


Times Neighborhood Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Times Neighborhood Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Times Neighborhood Holdings's Momentum Rank falls into.



Times Neighborhood Holdings Momentum Rank Related Terms

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Times Neighborhood Holdings (HKSE:09928) Business Description

Traded in Other Exchanges
N/A
Address
No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN
Times Neighborhood Holdings Ltd. is an investment holding company engaged in the provision of property management services which include value-added services for non-property owners, community value-added services, and other professional services are among the company's offerings. The group's revenue comes entirely from its Mainland China operations.
Executives
Shum Chiu Hung
Xingtai Capital Management Limited 2102 Investment manager
Sumitomo Mitsui Financial Group, Inc. 2201 Interest of corporation controlled by you
Li Yiping 2201 Interest of corporation controlled by you
Dong Li Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jia Ming Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Chao Da Chuang Tou You Xian Gong Si 2201 Interest of corporation controlled by you
Zhuo Yuan Chuang Tou You Xian Gong Si 2101 Beneficial owner

Times Neighborhood Holdings (HKSE:09928) Headlines

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