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Century Energy International Holdings (HKSE:08132) Momentum Rank : 6 (As of May. 31, 2024)


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What is Century Energy International Holdings Momentum Rank?

Century Energy 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 Century Energy International Holdings's Momentum Rank

For the Electrical Equipment & Parts subindustry, Century Energy 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.


Century Energy International Holdings's Momentum Rank Distribution in the Industrial Products Industry

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

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



Century Energy International Holdings Momentum Rank Related Terms

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Century Energy International Holdings (HKSE:08132) Business Description

Traded in Other Exchanges
N/A
Address
23rd Floor, Prudential Tower, Suite 2303, The Gateway, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Century Energy International Holdings Ltd is an investment holding company. Its activities include power and data cords business and general trading business, trading of refined oil and chemicals business. The company derives revenue from sales and manufacture of power cords and inlet sockets for household electric appliances and power and data cords for mobile handsets and medical control devices and raw cables and general trading business.
Executives
Cheung Yip Sang 2501 Other
New Origins International Limited 2501 Other
Richmax Investment (h.k.) Limited 2501 Other
To Sau Man 2501 Other
Baineng Holdings Limited 2501 Other
Sun Jiusheng 2201 Interest of corporation controlled by you
Zhang Chao 2501 Other
Zhou Jing 2501 Other
Cheung Yuen Chau 2501 Other
Chu David 2501 Other
Tsang Siu Lan 2501 Other
Leung Wing Cheong Eric 2501 Other
Grand Strong Investment Limited 2201 Interest of corporation controlled by you
Chan King Wai Leonard 2201 Interest of corporation controlled by you
So Kit Yee Anita 2201 Interest of corporation controlled by you

Century Energy International Holdings (HKSE:08132) Headlines

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