Howkingtech International Holding (HKSE:02440) Momentum Rank : 0 (As of Jun. 08, 2024)

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What is Howkingtech International Holding Momentum Rank?

Howkingtech International Holding 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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Howkingtech International Holding (HKSE:02440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Howkingtech International Holding Ltd (HKSE:02440) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, East Mozhou Road, Jiangning Economic and Technological Development Zone, Building B4, Nanjing, CHN

Website

http://www.howkingtech.com

Howkingtech International Holding Ltd is a provider for data transmission and processing services for IoT applications and telecommunication equipment in China, serving a broad range of industrial customers. It mainly provides customized data transmission and processing services to customers in manufacturing, municipal services and other industries in China, and research, develop and sell telecommunication equipment.

Executives

Wang Zheshi	2101 Beneficial owner
Chen Ping	2202 Interest of your spouse
Howkingtech Holding Limited	2101 Beneficial owner
Jin Yan	2201 Interest of corporation controlled by you
Ban Lifeng	2201 Interest of corporation controlled by you
Xie Xiongqing	2201 Interest of corporation controlled by you
Ye Xiang	2201 Interest of corporation controlled by you
Ding Di	2201 Interest of corporation controlled by you
Wu Chak Man	2101 Beneficial owner
Ning Bo Hui Xin Zhi Yuan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Ning Bo Xin Hui Qian Hai Gu Quan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Jin Yuan Zhang Fu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shen Zhen Hui Xin Qian Hai Gu Quan Tou Zi Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

Howkingtech International Holding (HKSE:02440) Headlines

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