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E. Bon Holdings (HKSE:00599) Momentum Rank : 9 (As of May. 29, 2024)


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What is E. Bon Holdings Momentum Rank?

E. Bon 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 E. Bon Holdings's Momentum Rank

For the Home Improvement Retail subindustry, E. Bon 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.


E. Bon Holdings's Momentum Rank Distribution in the Retail - Cyclical Industry

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

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



E. Bon Holdings Momentum Rank Related Terms

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E. Bon Holdings (HKSE:00599) Business Description

Traded in Other Exchanges
N/A
Address
33 Leighton Road, 16th - 18th Floors, First Commercial Building, Causeway Bay, Hong Kong, HKG
E. Bon Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in importing, wholesale, and installation of architectural builder's hardware, bathroom, kitchen collections, and furniture. Its reportable operating segments are Architectural builders' hardware and Kitchen collection and furniture. The group generates a vast majority of the revenue from Hong Kong.
Executives
Universal Star Group Ltd. 2101 Beneficial owner
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Fast Way Management Limited 2101 Beneficial owner
Tse Hon Kit Kevin 2201 Interest of corporation controlled by you
Tse Sun Wai Albert 2201 Interest of corporation controlled by you
Tse Sun Po Tony 2201 Interest of corporation controlled by you
Tse Sun Fat Henry 2201 Interest of corporation controlled by you
Lim Mee Hwa 2101 Beneficial owner
Yeo Seng Chong 2101 Beneficial owner

E. Bon Holdings (HKSE:00599) Headlines

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