Emperor Watch & Jewellery (Emperor Watch & Jewellery) Momentum Rank : 8 (As of May. 21, 2024)

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What is Emperor Watch & Jewellery Momentum Rank?

Emperor Watch & Jewellery has the Momentum Rank of 8.

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 Emperor Watch & Jewellery's Momentum Rank

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Momentum Rank falls into.

Emperor Watch & Jewellery Momentum Rank Related Terms

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Emperor Watch & Jewellery (Emperor Watch & Jewellery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emperor Watch & Jewellery Ltd (OTCPK:EPRJF) » Definitions » Momentum Rank

Traded in Other Exchanges

00887:Hong Kong

Address

288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emperorwatchjewellery.com

Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (Emperor Watch & Jewellery) Headlines

From GuruFocus

Emperor W&J 2023 Interim Net Profit Doubles to HK$186 Million, Mainland China Market Achieves Remarkable Performance

By ACN Newswire • 08-27-2023