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51 Credit Card (HKSE:02051) Momentum Rank : 6 (As of May. 29, 2024)


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What is 51 Credit Card Momentum Rank?

51 Credit Card has the Momentum Rank of 6.

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 51 Credit Card's Momentum Rank

For the Credit Services subindustry, 51 Credit Card'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.


51 Credit Card's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, 51 Credit Card's Momentum Rank distribution charts can be found below:

* The bar in red indicates where 51 Credit Card's Momentum Rank falls into.



51 Credit Card Momentum Rank Related Terms

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51 Credit Card (HKSE:02051) Business Description

Traded in Other Exchanges
Address
No. 588 Wenyi West Road, Building B3, CECEP Xixi Center, Xihu District, Zhejiang, Hangzhou, CHN
51 Credit Card Inc is an investment holding company. Along with its subsidiaries, it is engaged in providing one-stop personal financial technology services and SaaS services, covering personal credit management, credit card technology services and online credit facilitation and investment services in China. The firm derives revenue from Credit facilitation and service fee, Payment service fee, Credit card technology service fee, SaaS service fee and Other revenue. A majority of its revenue gets derived through Credit facilitation and service fee. The majority of the group's activities are carried out in Mainland China.
Executives
Shen Guojun 2307 Founder of a discretionary trust who can infl
Cantrust (far East) Limited 2301 Trustee
East Jump Management Limited 2101 Beneficial owner
Weihan Evergreen Limited 2201 Interest of corporation controlled by you
Sun Haitao 2501 Other
Hang Zhou Zhen Niu Xin Xi Ke Ji You Xian Gong Si 2106 Person having a security interest in shares
Xin Yong Ka You Xian Gong Si 2201 Interest of corporation controlled by you
51 Credit Card (china) Limited 2201 Interest of corporation controlled by you
Rising Sun Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Tct (bvi) Limited 2501 Other
51 Stock Limited 2306 Nominee for another person
Tmf (cayman) Ltd. 2301 Trustee
Wukong Ltd. 2501 Other
51 Award Limited 2306 Nominee for another person

51 Credit Card (HKSE:02051) Headlines

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