China Vered Financial Holding (HKSE:00245) Momentum Rank : 0 (As of Jun. 08, 2024)

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What is China Vered Financial Holding Momentum Rank?

China Vered Financial Holding 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.

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China Vered Financial Holding (HKSE:00245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Vered Financial Holding Corp Ltd (HKSE:00245) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

HKQ3:Germany

Address

8 Sunning Road, 22nd Floor, China Taiping Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.cm-fin.com

China Vered Financial Holding Corp Ltd provides securities brokerage, investment holding, investment banking, and asset management services. The majority is from the Investment holding segment. Geographically, it operates in Hong Kong, The PRC, Japan, and Canada, out of which the majority is from Hong Kong. The group's revenue is mainly derived from Interest income which includes interest income from bond investment, note investment, loan lending, bank deposits, and margin financing.

Executives

Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Qiang Wei Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dahengqin (hong Kong) Investment Corporation Limited	2101 Beneficial owner
Zhu Hai Da Heng Qin Ji Tuan You Xian Gong Si	2101 Beneficial owner
Liu Xueyi	2201 Interest of corporation controlled by you
Prosper Ascend Limited	2101 Beneficial owner
Hong Kong Baohui Toda Limited	2101 Beneficial owner
Zhao Xinlong	2201 Interest of corporation controlled by you
Vered Holdings (hong Kong) Limited
Vered Holdings Group Ltd
Vered Investment Co., Ltd
Qiang Wei Kong Gu Shen Zhen You Xian Gong Si

China Vered Financial Holding (HKSE:00245) Headlines

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