Vinda International Holdings (STU:31V) Momentum Rank : 9 (As of May. 07, 2024)

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What is Vinda International Holdings Momentum Rank?

Vinda International Holdings has the Momentum Rank of 9.

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 Vinda International Holdings's Momentum Rank

For the Household & Personal Products subindustry, Vinda 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.

Vinda International Holdings's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinda International Holdings's Momentum Rank distribution charts can be found below:

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

Vinda International Holdings Momentum Rank Related Terms

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Vinda International Holdings (STU:31V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vinda International Holdings Ltd (STU:31V) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VDAHF:USA 03331:Hong Kong

Address

98 Granville Road, Penthouse, East Ocean Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.vinda.com

Vinda International Holdings Ltd is an investment holding company. Along with its subsidiaries, the company manufactures and sells a range of tissue paper and personal care products in the market. Its reportable segments are Household paper products which account for the majority of its revenue, and Personal care products. The group has a business presence in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and other countries, of which key revenue is derived from Mainland China.

Vinda International Holdings (STU:31V) Headlines

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