Sino Gas Holdings Group (HKSE:01759) Momentum Rank : 9 (As of May. 28, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sino Gas Holdings Group Momentum Rank?

Sino Gas Holdings Group 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 Sino Gas Holdings Group's Momentum Rank

For the Specialty Retail subindustry, Sino Gas Holdings Group'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.

Sino Gas Holdings Group's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sino Gas Holdings Group's Momentum Rank distribution charts can be found below:

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

Sino Gas Holdings Group Momentum Rank Related Terms

Thank you for viewing the detailed overview of Sino Gas Holdings Group's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Sino Gas Holdings Group (HKSE:01759) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sino Gas Holdings Group Ltd (HKSE:01759) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Haian Road, Room 3103, Block A1, Caifu Shi Ji Plaza, Tianhe District, Guangzhou, CHN

Website

https://www.sinogasholdings.com

Sino Gas Holdings Group Ltd is an integrated LPG and natural gas supplier in China. The company's segments include Retail and Wholesale. The Retail segment generates revenue from the sale of LPG, CNG, and LNG to vehicular end users by operating gas refueling stations, industrial customers, and bottled LPG end-users whereas, the Wholesale segment generates revenue from the sale of LPG, CNG, and LNG to gas merchants. The firm generates a majority of its revenue from the Wholesale segment in the People's Republic of China.

Executives

China Full Limited	2101 Beneficial owner
Petrochemical Gas Group Limited	2201 Interest of corporation controlled by you
Sino Gas Holdings Group Limited	2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Petrochemical Gas Energy Group Limited	2101 Beneficial owner
Petrochemical Gas Energy Limited	2101 Beneficial owner
Ji Guang	2501 Other
Yang Ling	2202 Interest of your spouse

Sino Gas Holdings Group (HKSE:01759) Headlines

No Headlines