SOHO China (HKSE:00410) Momentum Rank : 7 (As of May. 25, 2024)

View and export this data going back to 2007. Start your Free Trial

What is SOHO China Momentum Rank?

SOHO China has the Momentum Rank of 7.

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 SOHO China's Momentum Rank

For the Real Estate Services subindustry, SOHO China'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.

SOHO China's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SOHO China's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SOHO China's Momentum Rank falls into.

SOHO China Momentum Rank Related Terms

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

SOHO China (HKSE:00410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOHO China Ltd (HKSE:00410) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SOHOF:USA

Address

No. 6B Chaowai Street, 11th Floor, Tower A, Chaowai SOHO, Chaoyang District, Beijing, CHN, 100020

Website

https://www.sohochina.com

SOHO China Ltd is engaged in real estate development, property leasing, and property management activities. It focuses on the commercial properties in the core areas of Beijing and Shanghai that will benefit from an appreciation in value. All of its rental income revenues are derived from China.

Executives

Pan Shiyi

2202 Interest of your spouse

SOHO China (HKSE:00410) Headlines

No Headlines