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Chinese People Holdings Co (HKSE:00681) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is Chinese People Holdings Co Momentum Rank?

Chinese People Holdings Co has the Momentum Rank of 0.

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.

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Chinese People Holdings Co (HKSE:00681) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chinese People Holdings Co Ltd (HKSE:00681) » Definitions » Momentum Rank
Comparable Companies
HKSE:01407 HKSE:01265 HKSE:01940 HKSE:06828 HKSE:09908 XMAD:NTGY ATO BOM:532155 MIL:SRG HKSE:00003 BOM:542066 NI HKSE:02688 TSE:9532 TSE:9531 HKSE:01193 XKLS:6033 ASX:APA HKSE:00384 SWX
Traded in Other Exchanges
KEH:Germany
Address
No. 2 Jingyuan North Street, No. 36 BDA International Business Park, Economic Technological Development Area, Beijing, CHN
Website
http://www.681hk.com
Chinese People Holdings Co Ltd is an investment holding company. Its segments are Piped gas transmission & distribution, which is into sales of piped gas and construction of gas pipeline networks under gas connection contracts; Cylinder gas supply segment includes sales and distribution of gas using tank containers to end-user households, industrial and commercial customers; Gas distribution segment is into sales of natural gas to industrial and commercial customers; and FMCG & food ingredients supply which is into wholesales and retail of merchandise through supermarkets and convenience stores. Geographically, it derives revenue from China.
Executives
Renown City Holdings Limited 2201 Interest of corporation controlled by you
Civios Group Limited 2201 Interest of corporation controlled by you
Mo Shikang 2201 Interest of corporation controlled by you
Mo Yunbi 2201 Interest of corporation controlled by you
Lofty Key Limited 2101 Beneficial owner
Ping Da Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

Chinese People Holdings Co (HKSE:00681) Headlines

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