China Agri-Products Exchange (HKSE:00149) Momentum Rank : 0 (As of Jun. 06, 2024)

View and export this data going back to 1973. Start your Free Trial

What is China Agri-Products Exchange Momentum Rank?

China Agri-Products Exchange has the Momentum Rank of 0.

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.

China Agri-Products Exchange Momentum Rank Related Terms

Thank you for viewing the detailed overview of China Agri-Products Exchange's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

China Agri-Products Exchange (HKSE:00149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Agri-Products Exchange Ltd (HKSE:00149) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.cnagri-products.com

China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.

Executives

Tang Ching Ho	2201 Interest of corporation controlled by you
Wang On Group Limited	2201 Interest of corporation controlled by you
Yau Yuk Yin	2202 Interest of your spouse
Wai Yuen Tong Medicine Holdings Limited	2201 Interest of corporation controlled by you
Easy One Financial Group Limited	2201 Interest of corporation controlled by you
Biomore Investments Limited	2201 Interest of corporation controlled by you
Goal Success Investments Limited	2101 Beneficial owner
Total Smart Investments Limited	2201 Interest of corporation controlled by you

China Agri-Products Exchange (HKSE:00149) Headlines

No Headlines