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Luxxu Group (HKSE:01327) Momentum Rank : 0 (As of Jun. 04, 2024)


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What is Luxxu Group Momentum Rank?

Luxxu Group 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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Luxxu Group (HKSE:01327) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luxxu Group Ltd (HKSE:01327) » Definitions » Momentum Rank
Comparable Companies
HKSE:01470 HKSE:00986 HKSE:08219 HKSE:08537 HKSE:00084 HKSE:01150 HKSE:00513 HKSE:00444 HKSE:02882 HKSE:00125 XPAR:MC XPAR:RMS XPAR:CDI XSWX:CFR XPAR:KER NSE:TITAN HKSE:01913 HKSE:01929 XSWX:UHR OCSE:PNDORA
Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Unit 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Website
http://www.luxxu.hk
Luxxu Group Ltd is an investment company engaged in the manufacturing and sales of own-branded watches and jewelry, including but not limited to diamond watches, tourbillion watches and luxury jewelry accessories, OEM watches, and third-party watches. Geographically, it operates in Asia, the PRC, and Europe, with Asia deriving the majority of the revenue. It derives key revenue from the sale of branded watches.
Executives
Lin Zhiqiang 2201 Interest of corporation controlled by you
Visual Wise Limited 2101 Beneficial owner

Luxxu Group (HKSE:01327) Headlines

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