Glory Sun Land Group (HKSE:00299) Momentum Rank : 2 (As of May. 26, 2024)

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What is Glory Sun Land Group Momentum Rank?

Glory Sun Land Group has the Momentum Rank of 2.

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 Glory Sun Land Group's Momentum Rank

For the Capital Markets subindustry, Glory Sun Land Group'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.

Glory Sun Land Group's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Glory Sun Land Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Glory Sun Land Group's Momentum Rank falls into.

Glory Sun Land Group Momentum Rank Related Terms

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Glory Sun Land Group (HKSE:00299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Glory Sun Land Group Ltd (HKSE:00299) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower Two, Lippo Centre, Unit 1305, 13th Floor, No. 89 Queensway, Admiralty, Hong Kong, HKG

Website

http://www.hk0299.com

Glory Sun Land Group Ltd is engaged in the trading of commodities in the People's Republic of China. The company's business segments are The real estate and property investment segment includes property development and property investment, the Trading of commodities segment includes the trading of commodities, the Construction segment includes the provision of construction works, Others segment includes the operation of a golf practicing court, operation of children's playrooms, operation of fitness rooms, operation of a karaoke box, and trading of home appliances and building materials.

Executives

Da Ming Prime Limited	2101 Beneficial owner
John Edward Hunt	2201 Interest of corporation controlled by you
Wang Jian	2201 Interest of corporation controlled by you
Massive Thriving Limited	2101 Beneficial owner
Bao Xin Development Limited	2201 Interest of corporation controlled by you
Qian Hai Ren Shou Bao Xian Gu Fen You Xian Gong Si	2101 Beneficial owner
Tinmark Development Limited	2201 Interest of corporation controlled by you
Yao Jianhui	2101 Beneficial owner
Bao Xin International Group Limited	2201 Interest of corporation controlled by you
Hongkun Limited	2101 Beneficial owner
Lin Xiaokun	2101 Beneficial owner
China Goldjoy Securities Limited

Glory Sun Land Group (HKSE:00299) Headlines

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