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SiS International Holdings (SiS International Holdings) Momentum Rank : 2 (As of May. 26, 2024)


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What is SiS International Holdings Momentum Rank?

SiS International Holdings 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 SiS International Holdings's Momentum Rank

For the Electronics & Computer Distribution subindustry, SiS International 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.


SiS International Holdings's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SiS International Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SiS International Holdings's Momentum Rank falls into.



SiS International Holdings Momentum Rank Related Terms

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SiS International Holdings (SiS International Holdings) Business Description

Traded in Other Exchanges
Address
803 Nine Queen's Road Central, Hong Kong, HKG
SiS International Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Distribution of mobile & IT products, Property investment & hotel operations, and Securities investment. The company generates its revenue from the distribution of mobile and IT products segment. Its distribution products include consumer electronic products, computer systems, networking products, notebooks, tablets, software, smartphones, and mobile software & solutions. Its geographical segments are Hong Kong, Japan, Singapore, and Thailand, of which the majority of its revenue comes from Thailand.

SiS International Holdings (SiS International Holdings) Headlines

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