Shanghai Realway Capital Assets Management Co (HKSE:01835) Momentum Rank : 9 (As of May. 26, 2024)

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What is Shanghai Realway Capital Assets Management Co Momentum Rank?

Shanghai Realway Capital Assets Management Co has the Momentum Rank of 9.

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 Shanghai Realway Capital Assets Management Co's Momentum Rank

For the Asset Management subindustry, Shanghai Realway Capital Assets Management Co'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.

Shanghai Realway Capital Assets Management Co's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai Realway Capital Assets Management Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shanghai Realway Capital Assets Management Co's Momentum Rank falls into.

Shanghai Realway Capital Assets Management Co Momentum Rank Related Terms

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Shanghai Realway Capital Assets Management Co (HKSE:01835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shanghai Realway Capital Assets Management Co Ltd (HKSE:01835) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1198 Century Avenue, Unit 706-707, 7th Floor, Century Link Tower 1, Pudong New District, Shanghai, CHN, 200122

Website

https://www.realwaycapital.com

Shanghai Realway Capital Assets Management Co Ltd is an asset management company. It is a private fund manager specialising in the management of real estate and distressed asset investment funds in the PRC. The company manages two broad types of funds, namely fund(s) structured and managed for the purpose of directly investing in a specific real estate investment project and distressed asset project (Project Fund(s)); and flexible funds structured and managed, or co-managed, by the group which may invest in designated types of funds under the group's portfolio instead of making direct investment into investment projects and are permitted to invest in multiple investment projects indirectly through a number of funds at the same time (FOF(s)).

Executives

Zhu Lei	2101 Beneficial owner
Sun Jinyong	2101 Beneficial owner
Dai Yanmin	2101 Beneficial owner
Great Rainbow Investment Fund Series Spc (acting For And On Behalf Of Great Rainbow Series 1 Sp)	2101 Beneficial owner
Wu Jie
Yao Peifang
Gao Yue	2101 Beneficial owner
Yin Bo	2101 Beneficial owner
Wang Qiong	2101 Beneficial owner
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si
Wang Youlin	2101 Beneficial owner
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Shanghai Realway Capital Assets Management Co (HKSE:01835) Headlines

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