Litian Pictures Holdings (HKSE:09958) Momentum Rank : 0 (As of May. 02, 2025)

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What is Litian Pictures Holdings Momentum Rank?

Litian Pictures 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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Litian Pictures Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Litian Pictures Holdings Ltd (HKSE:09958) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5A, Tongniu Dianying Industrial Park, Chaoyang District, Beijing, CHN

Website

https://www.litian.tv

Litian Pictures Holdings Ltd is a drama series distribution company in the People's Republic of China. It licenses the broadcasting rights of self-produced and outright-purchased drama series. In addition, it is involved in other businesses, which include selling drama series scripts; acting as a distribution agent of the broadcasting rights of TV series; and investing in drama series in which it acts as a non-executive producer. It operates in three segments namely, Self-produced drama series; Outright-purchased drama series; and Others. It derives all its revenue from the production, distribution, and licensing of broadcasting rights of drama series in China.

Executives

Lee Tin Sek Joseph	2101 Beneficial owner
Tian Tian	2201 Interest of corporation controlled by you
Yuan Li	2201 Interest of corporation controlled by you
Litian Century Media Co. Ltd.	2101 Beneficial owner
Marshal Investment Co. Ltd.	2101 Beneficial owner
Joint Fortune Huayi Emerging Industry Investment Co. Ltd.	2101 Beneficial owner
Li Yiwei	2201 Interest of corporation controlled by you
Xie Ailong	2201 Interest of corporation controlled by you

Litian Pictures Holdings Headlines

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