VPower Group International Holdings (HKSE:01608) Momentum Rank : 6 (As of Jun. 02, 2024)

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What is VPower Group International Holdings Momentum Rank?

VPower Group International Holdings 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 VPower Group International Holdings's Momentum Rank

For the Electrical Equipment & Parts subindustry, VPower Group International 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.

VPower Group International Holdings's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VPower Group International Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where VPower Group International Holdings's Momentum Rank falls into.

VPower Group International Holdings Momentum Rank Related Terms

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VPower Group International Holdings (HKSE:01608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VPower Group International Holdings Ltd (HKSE:01608) » Definitions » Momentum Rank

Traded in Other Exchanges

2V3:Germany

Address

18-22 Tak cStreet, Units 2701-05, 27th Floor, Office Tower 1, The Harbourfront, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.vpower.com

VPower Group International Holdings Ltd owns and operates utility-grade distributed power generation systems. It runs and leases DPG stations, and designs integrate, and sell gas and diesel-fired generator sets and power generation systems. It operates through System Integration and Investment, Building, and Operation Segments; the system Integration segment is engaged in the design, integration, sale, and installation of engine-based electricity generation units; the Investment, Building, and Operation segments are engaged in the design, investment, building, leasing, and operation of distributive power generation stations to provide distributive power solutions. Geographically, business operations function in Hong Kong, mainland China, Asian countries, and Other countries.

Executives

Chan Mei Wan
Energy Garden Limited
Classic Legend Holdings Limited
Lam Yee Chun
Yang Wei Huan Qiu You Xian Gong Si
Zhong Guo Ji Shu Jin Chu Kou Ji Tuan You Xian Gong Si	2101 Beneficial owner
Zhong Guo Tong Yong Ji Shu Ji Tuan Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Hai Nan Tian Kun Tian Tai Si Mu Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jet Lion Holdings Limited	2101 Beneficial owner
Jubilee City Limited	2101 Beneficial owner
Lee Chong Man Jason	2201 Interest of corporation controlled by you
Tang Wenjing	2201 Interest of corporation controlled by you
Konwell Developments Limited	2201 Interest of corporation controlled by you

VPower Group International Holdings (HKSE:01608) Headlines

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