Sun Hung Kai (STU:SHK) Momentum Rank : 9 (As of Dec. 12, 2024)

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What is Sun Hung Kai Momentum Rank?

Sun Hung Kai 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 Sun Hung Kai's Momentum Rank

For the Credit Services subindustry, Sun Hung Kai'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.

Sun Hung Kai's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sun Hung Kai's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai's Momentum Rank falls into.

Sun Hung Kai Momentum Rank Related Terms

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Sun Hung Kai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sun Hung Kai & Co Ltd (STU:SHK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SHGKY:USA SHGKF:USA 00086:Hong Kong

Address

33 Hysan Avenue, 40th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG

Website

https://www.shkco.com

Sun Hung Kai & Co Ltd is an investment and finance firm. Its businesses are Credit Business, Investment Management, and Funds Management. It offers wealth management and brokerage, capital markets, consumer finance, structured finance, and principal investment services. The geographical area of operation is Hong Kong, Mainland China, and others. Its revenue is derived from the Hong Kong region. Its segments comprise Consumer Finance; Mortgage Loans; Private Credit; Investment Management; Funds Management; and Group Management and Support. The company generates maximum revenue from the Consumer Finance segment.

Sun Hung Kai Headlines

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