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REM Group (Holdings) (HKSE:01750) Momentum Rank : 0 (As of May. 31, 2024)


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What is REM Group (Holdings) Momentum Rank?

REM Group (Holdings) 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.

REM Group (Holdings) Momentum Rank Related Terms

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REM Group (Holdings) (HKSE:01750) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » REM Group (Holdings) Ltd (HKSE:01750) » Definitions » Momentum Rank
Comparable Companies
HKSE:08623 HKSE:03919 HKSE:08136 HKSE:01166 HKSE:00724 HKSE:00725 HKSE:01710 HKSE:01399 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT SZSE:300014 SHSE:603195
Traded in Other Exchanges
N/A
Address
No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG
Website
http://www.rem-group.com.hk
REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.
Executives
Huang Xiao Ying 2202 Interest of your spouse
Unique Best Limited 2101 Beneficial owner
Wan Union Limited 2201 Interest of corporation controlled by you
Wans Limited 2201 Interest of corporation controlled by you
Lam Yin 2202 Interest of your spouse
Leung Ka Wai 2201 Interest of corporation controlled by you
Que Emi 2202 Interest of your spouse
Wan Man Keung 2201 Interest of corporation controlled by you
Wun Chi Wai 2201 Interest of corporation controlled by you
Wan Chak Ming 2101 Beneficial owner
Wan Po Kwan 2101 Beneficial owner

REM Group (Holdings) (HKSE:01750) Headlines

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