Sunevision Holdings (Sunevision Holdings) Momentum Rank : 2 (As of Apr. 28, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Sunevision Holdings Momentum Rank?

Sunevision 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 Sunevision Holdings's Momentum Rank

For the Real Estate Services subindustry, Sunevision 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.

Sunevision Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunevision Holdings's Momentum Rank distribution charts can be found below:

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

Sunevision Holdings Momentum Rank Related Terms

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

Sunevision Holdings (Sunevision Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunevision Holdings Ltd (GREY:SVNHF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

01686:Hong Kong VI6:Germany

Address

Millennium City 1, 388 Kwun Tong Road, Unit 3110, 31st Floor, Standard Chartered Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sunevision.com

Sunevision Holdings Ltd is an Investment holding company. Its segment includes Data centre and IT facilities covering the provision of data center and IT facilities colocation services to allow customers to house their IT infrastructure or equipment, interconnection services to provide customers with high-speed and reliable interconnectivity, and other managed services and ELV and IT systems comprise installation and maintenance services for the respective systems. It generates the majority of its revenue from Data centre and IT facilities. It generates the majority of its revenue from Hong Kong.

Sunevision Holdings (Sunevision Holdings) Headlines

No Headlines