Overseas Chinese Town (Asia) Holdings (HKSE:03366) Momentum Rank : 2 (As of May. 27, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Overseas Chinese Town (Asia) Holdings Momentum Rank?

Overseas Chinese Town (Asia) Holdings has the Momentum Rank of 2.

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 Overseas Chinese Town (Asia) Holdings's Momentum Rank

For the Real Estate - Development subindustry, Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Overseas Chinese Town (Asia) Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Overseas Chinese Town (Asia) Holdings's Momentum Rank falls into.

Overseas Chinese Town (Asia) Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Overseas Chinese Town (Asia) Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Overseas Chinese Town (Asia) Holdings Ltd (HKSE:03366) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

1 Garden Road, 59th Floor, Bank of China Tower, Hong Kong, HKG

Website

https://www.oct-asia.com

Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company. It operates its business through three segments. The Comprehensive Development Business segment which drives the majority of revenue is engaged in the development and operation of the tourism theme park, the development, and sales of residential properties, and the development and management of properties; Equity investment and fund business segment engage in the investment in new urbanization industrial ecospheres, such as domestic and overseas direct investments, industrial funds, and education. The Finance lease business segment engages in the finance lease business. It generates the majority of its revenue from Mainland China.

Executives

Pacific Climax Limited	2101 Beneficial owner
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si	2201 Interest of corporation controlled by you

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Headlines

No Headlines