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NFT (MI) Momentum Rank : 2 (As of May. 17, 2024)


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What is NFT Momentum Rank?

NFT has the Momentum Rank of 2.

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 NFT's Momentum Rank

For the Internet Retail subindustry, NFT'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.

NFT's Momentum Rank Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where NFT's Momentum Rank falls into.


NFT Momentum Rank Related Terms

Thank you for viewing the detailed overview of NFT's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

NFT (MI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » NFT Ltd (AMEX:MI) » Definitions » Momentum Rank
Comparable Companies
PIK OCG JWEL JFBR ASAP WNW IPW YJ MOGU AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320
Traded in Other Exchanges
N/A
Address
45-47 Au Pui Wan Street, Flat H 3rd Floor, Haribest Industrial Building, Sha Tin, Hong Kong, HKG
Website
https://www.takungae.com
NFT Ltd Formerly Takung Art Co Ltd operates an online electronic platform for offering and trading artwork. Through its platform, the company allows artists/art dealers/owners to access a much bigger art trading market where artists can engage with a wide range of investors. Its platform also invests in high-end artwork accessible to ordinary people without financial resources. The company's trading platforms comprise the sale of calligraphies and paintings, jewelry, and precious stones. It generates revenue in the form of services in connection with the offering and trading of artwork on its system, consisting of listing fees, trading commissions, and management fees.
Executives
Li Kwok Leung Paul officer: Chief Executive Officer ROOM 709 TOWER 2, ADMIRALTY CENTRE, 18 HARCOURT ROAD, ADMIRALTY, HONG KONG K3 00000
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Tracy Chui-kam Ng officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON, HONG KONG K3 00000
Li Lv director ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Xiaoyu Zhang director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Yang Zhihua officer: Chief Executive Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jing Wang officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, KOWLOON K3 999077
Hui Ngai Ma 10 percent owner 2A, BLOCK H3, CHI FU FA YUEN, POK FU LAM, HONG KONG K3 000000
Jian Xiao director, 10 percent owner C/O TAKUNG ART CO., LTD, 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Fang Mu officer: Chief Executive Officer 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Tianjian Long Shun Inv 10 percent owner SHAZHUANG VILLAGE, SHUANGJIE TOWN, BEICHEN DISTRICT, TIANJIN CITY F4 300400
Ming Cheng director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Chow Chun Hin Leslie officer: Chief Financial Officer FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG F4 00000
Zishen Li director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG NY 00000