S.A.S. Dragon Holdings (HKSE:01184) Momentum Rank : 9 (As of Jun. 04, 2024)

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What is S.A.S. Dragon Holdings Momentum Rank?

S.A.S. Dragon 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 S.A.S. Dragon Holdings's Momentum Rank

For the Electronics & Computer Distribution subindustry, S.A.S. Dragon 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.

S.A.S. Dragon Holdings's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, S.A.S. Dragon Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where S.A.S. Dragon Holdings's Momentum Rank falls into.

S.A.S. Dragon Holdings Momentum Rank Related Terms

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S.A.S. Dragon Holdings (HKSE:01184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » S.A.S. Dragon Holdings Ltd (HKSE:01184) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Lei Muk Road, 19th Floor, S.A.S. Tower, Kwai Chung, N.T, HKG

Website

https://www.sasdragon.com.hk

S.A.S. Dragon Holdings Ltd is an investment holding company. It is engaged in the distribution of electronic components and semiconductor products such as chipset solutions, display panels, memory chips, power supply system solutions, multimedia system solutions, PEMCO, IoT home automation solutions, light-emitting diode (LED) lighting solutions, and other premier solutions for a wide range of applications. Its geographical segments are Hong Kong, Mainland China, Taiwan, the United States, Singapore, India, Macao Special Administrative Region of China, Vietnam, and others.

Executives

Yim Yuk Lun, Stanley

2101 Beneficial owner

S.A.S. Dragon Holdings (HKSE:01184) Headlines

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