Continental Holdings (HKSE:00513) Momentum Rank : 4 (As of Jun. 03, 2024)

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What is Continental Holdings Momentum Rank?

Continental Holdings has the Momentum Rank of 4.

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 Continental Holdings's Momentum Rank

For the Luxury Goods subindustry, Continental 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.

Continental Holdings's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Continental Holdings's Momentum Rank distribution charts can be found below:

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

Continental Holdings Momentum Rank Related Terms

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Continental Holdings (HKSE:00513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Continental Holdings Ltd (HKSE:00513) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

11 Hok Yuen Street, Flats M & N, 1st Floor, Kaiser Estate, Phase III, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.continental.com.hk

Continental Holdings Ltd is a Hong Kong-based investment holding company principally engaged in jewelry and diamond businesses. Business activities are carried out in various segments namely Jewellery Business, Property investment and development, Mining operation and Investment. The company generates maximum revenue from Jewellery Business segment. Geographically the company's business presence is seen across the regions of Hong Kong, North America, Europe, the Middle East and various other countries.

Executives

Cheng Siu Yin Shirley	2201 Interest of corporation controlled by you
Chan Sing Chuk Charles

Continental Holdings (HKSE:00513) Headlines

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