Tian An China Investments Co (HKSE:00028) Momentum Rank : 5 (As of May. 29, 2024)

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What is Tian An China Investments Co Momentum Rank?

Tian An China Investments Co has the Momentum Rank of 5.

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 Tian An China Investments Co's Momentum Rank

For the Real Estate - Development subindustry, Tian An China Investments Co'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.

Tian An China Investments Co's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian An China Investments Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tian An China Investments Co's Momentum Rank falls into.

Tian An China Investments Co Momentum Rank Related Terms

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Tian An China Investments Co (HKSE:00028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tian An China Investments Co Ltd (HKSE:00028) » Definitions » Momentum Rank

Traded in Other Exchanges

TIACF:USA

Address

138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.tiananchina.com

Tian An China Investments Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the activities of Property development, Property investment, and Other operations segments. The activities of the group include the development of apartments, villas, office buildings, and commercial properties, property investment, and property management on the mainland in the PRC, and property investment and property management in Hong Kong. The firm's operations are reported from China from the property development segment.

Executives

Allied Group Limited	2201 Interest of corporation controlled by you
Lee Seng Hui	2201 Interest of corporation controlled by you
Lee Seng Huang	2201 Interest of corporation controlled by you
Lee Su Hwei	2201 Interest of corporation controlled by you
China Spirit Limited	2201 Interest of corporation controlled by you
Vigor Online Offshore Limited	2101 Beneficial owner
Chong Sok Un	2201 Interest of corporation controlled by you
Pia Ltd	2102 Investment manager
Argyle Street Management Holdings Limited
Argyle Street Management Limited
Chan Kin
Allied Properties (h.k.) Limited

Tian An China Investments Co (HKSE:00028) Headlines

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