Porter Holding International (Porter Holding International) Momentum Rank : 3 (As of Apr. 29, 2024)

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What is Porter Holding International Momentum Rank?

Porter Holding International has the Momentum Rank of 3.

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 Porter Holding International's Momentum Rank

For the Consulting Services subindustry, Porter Holding International'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.

Porter Holding International's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Porter Holding International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Porter Holding International's Momentum Rank falls into.

Porter Holding International Momentum Rank Related Terms

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Porter Holding International (Porter Holding International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Porter Holding International Inc (OTCPK:ULNV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001

Website

http://www.cnporter.com

Porter Holding International Inc is a commercial platform provider that offers O2O (Network and Entity) Services and only focuses on commodities and merchants. It provides commodities and merchants with concrete platforms and operations in terms of online marketing coverage and offline marketing services. The company's operating segment includes Consulting services and Training services and others. It generates maximum revenue from Consulting services segment.

Porter Holding International (Porter Holding International) Headlines

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