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Aoxin Q & M Dental Group (SGX:1D4) Momentum Rank : 0 (As of Apr. 27, 2025)


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What is Aoxin Q & M Dental Group Momentum Rank?

Aoxin Q & M Dental Group 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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Aoxin Q & M Dental Group Business Description

Traded in Other Exchanges
N/A
Address
9 Raffles Place, No. 26-01, Republic Plaza, Singapore, SGP, 048619
Aoxin Q & M Dental Group Ltd is a dental service provider. The company provides private dental services and dental equipment and supplies in the Liaoning Province, Northern PRC. Its services include Stomatology and general dentistry; Endodontics; Orthodontics, Periodontics, and many more. The segments and the types of products and services are; Primary Healthcare segment generates key revenue and comprises dentistry services, the Distribution of dental equipment and supplies segment, which includes the distribution of equipment and supplies used in the provision of dental services, and the Laboratory Services comprising the manufacturing of porcelain crown, bridges, and dentures.

Aoxin Q & M Dental Group Headlines

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