Greenland Hong Kong Holdings (HKSE:00337) Momentum Rank : 7 (As of Jun. 05, 2024)

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What is Greenland Hong Kong Holdings Momentum Rank?

Greenland Hong Kong Holdings has the Momentum Rank of 7.

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 Greenland Hong Kong Holdings's Momentum Rank

For the Real Estate - Development subindustry, Greenland Hong Kong 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.

Greenland Hong Kong Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greenland Hong Kong Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Greenland Hong Kong Holdings's Momentum Rank falls into.

Greenland Hong Kong Holdings Momentum Rank Related Terms

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Greenland Hong Kong Holdings (HKSE:00337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greenland Hong Kong Holdings Ltd (HKSE:00337) » Definitions » Momentum Rank

Traded in Other Exchanges

QFRA:Germany

Address

No. 193, Xiehe Road, Changning District, Shanghai, CHN

Website

https://www.greenlandhk.com

Greenland Hong Kong Holdings Ltd is a real estate development company that operates in China and has a presence in several countries internationally. The Group has four reportable segments, Sales of properties and construction management services; Lease of properties; Hotel and related services; and Property management and other services. The majority is from the Sales of properties & construction management segment which includes the development and sales of residential properties and provision of construction management services. Geographically, the Group mainly operates in the PRC.

Executives

Wang Xuling	2305 Beneficiary of a trust
Wang Weixian	2307 Founder of a discretionary trust who can infl
Brilliant Bright Investment Limited	2201 Interest of corporation controlled by you
Spg Investment Holdings Ltd	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Reach Top Holding Limited	2201 Interest of corporation controlled by you

Greenland Hong Kong Holdings (HKSE:00337) Headlines

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