Honliv Healthcare Management Group Co (HKSE:09906) Momentum Rank : 1 (As of Jun. 06, 2024)

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What is Honliv Healthcare Management Group Co Momentum Rank?

Honliv Healthcare Management Group Co has the Momentum Rank of 1.

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 Honliv Healthcare Management Group Co's Momentum Rank

For the Medical Care Facilities subindustry, Honliv Healthcare Management Group Co'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.

Honliv Healthcare Management Group Co's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Honliv Healthcare Management Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Honliv Healthcare Management Group Co's Momentum Rank falls into.

Honliv Healthcare Management Group Co Momentum Rank Related Terms

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Honliv Healthcare Management Group Co (HKSE:09906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Honliv Healthcare Management Group Co Ltd (HKSE:09906) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Bo Ai Road (South), Changyuan County, Henan Province, Xinxiang, CHN

Website

https://www.honlivhp.com

Honliv Healthcare Management Group Co Ltd is engaged in providing comprehensive medical services and pharmaceutical services to the society in Mainland China. It generates revenue from Outpatient and Inpatient healthcare services.

Executives

Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Zhang Yuan Shi Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Rubrical Investment Limited	2501 Other
Sunny Rock Capital Limited	2101 Beneficial owner
Cao Jinming	2202 Interest of your spouse
Qin Hongchao	2501 Other
Qin Yan	2201 Interest of corporation controlled by you
Sun Mingyan	2202 Interest of your spouse

Honliv Healthcare Management Group Co (HKSE:09906) Headlines

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