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Antelope Enterprise Holdings (Antelope Enterprise Holdings) Momentum Rank : 1 (As of May. 03, 2024)


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What is Antelope Enterprise Holdings Momentum Rank?

Antelope Enterprise Holdings 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 Antelope Enterprise Holdings's Momentum Rank

For the Building Products & Equipment subindustry, Antelope Enterprise 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.


Antelope Enterprise Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Antelope Enterprise Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Antelope Enterprise Holdings's Momentum Rank falls into.



Antelope Enterprise Holdings Momentum Rank Related Terms

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Antelope Enterprise Holdings (Antelope Enterprise Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Zhonghai International Center, Room 1802, Block D, Hi-Tech Zone, Sichuan Province, Chengdu, CHN
Antelope Enterprise Holdings Ltd is a manufacturer of ceramic tiles in China. Its ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. The company's products are Porcelain, Glazed, Glazed porcelain, Rustic, and Ultra-thin tiles which are sold under the Hengda or HD brand, the Hengdeli or HDL brand, TOERTO, WULIQIAO, and Pottery Capital of Tang Dynasty brands. It also provides business management consulting, information system technology consulting services including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting.
Executives
Nisswa Acquisition Master Fund Ltd. other: no longer 10% owner C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Pine River Capital Management L.p. other: no longer 10% owner 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Brian Taylor other: no longer 10% owner C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305