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Kingkey Financial International (Holdings) (HKSE:01468) Momentum Rank : 3 (As of May. 31, 2024)


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What is Kingkey Financial International (Holdings) Momentum Rank?

Kingkey Financial International (Holdings) has the Momentum Rank of 3.

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 Kingkey Financial International (Holdings)'s Momentum Rank

For the Conglomerates subindustry, Kingkey Financial International (Holdings)'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.


Kingkey Financial International (Holdings)'s Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingkey Financial International (Holdings)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kingkey Financial International (Holdings)'s Momentum Rank falls into.



Kingkey Financial International (Holdings) Momentum Rank Related Terms

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Kingkey Financial International (Holdings) (HKSE:01468) Business Description

Traded in Other Exchanges
N/A
Address
8 Hok Cheung Street, Hunghom, 902, Harbour Centre, Tower 2, Kowloon, Hong Kong, HKG
Kingkey Financial International (Holdings) Ltd is engaged in the trade of fur skins, fur skins brokerage, mink farming, provision of securities brokerage services, and provision of wealth management services. The operating segments are Securities which involves the operation of securities brokerage, margin financing, underwriting, placing and consultancy services; Insurance brokerage which includes the provision of insurance brokerage and wealth management services; Fur comprising the provision of breeding, farming and sale of livestock and pelted skin, fur skin brokerage and financing services, Asset Management engaged in provision and arrangement of fund management services and assets management services, and Money lending engaged in provision and arrangement of money lending services.
Executives
Kingkey Holdings (international) Limited 2101 Beneficial owner
Chen Jiajun 2201 Interest of corporation controlled by you
Great Return Group Limited 2101 Beneficial owner
East Treasure Enterprises Corporation 2201 Interest of corporation controlled by you
Fong Chu Pong 2201 Interest of corporation controlled by you
Eternity Star Development Limited 2201 Interest of corporation controlled by you
Renhe Holdings Limited 2201 Interest of corporation controlled by you
Chen Jiajun 2201 Interest of corporation controlled by you
Chang Tat Joel 2201 Interest of corporation controlled by you
Lee Cho Man Joe 2201 Interest of corporation controlled by you

Kingkey Financial International (Holdings) (HKSE:01468) Headlines

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