Clifford Modern Living Holdings (HKSE:03686) Momentum Rank : 7 (As of May. 26, 2024)

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What is Clifford Modern Living Holdings Momentum Rank?

Clifford Modern Living Holdings has the Momentum Rank of 7.

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 Clifford Modern Living Holdings's Momentum Rank

For the Grocery Stores subindustry, Clifford Modern Living 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.

Clifford Modern Living Holdings's Momentum Rank Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Clifford Modern Living Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Clifford Modern Living Holdings's Momentum Rank falls into.

Clifford Modern Living Holdings Momentum Rank Related Terms

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Clifford Modern Living Holdings (HKSE:03686) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Clifford Modern Living Holdings Ltd (HKSE:03686) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Shiguang Road, Panyu, Guangdong, Guangzhou, CHN, 511496

Website

http://www.cliffordmodernliving.com

Clifford Modern Living Holdings Ltd is an investment holding company. The group is engaged in the provision of services to residents in properties developed under the brand name Clifford, including retail services, catering services, property management services, laundry services, off-campus training services, property agency services, employment placement services, information technology services, renovation and fitting-out services, in the PRC Mainland. It is a diversified service portfolio comprising six main service segments; Property management services, Renovation and fitting-out services, Retail services, Off-campus training services, Information technology services and Ancillary Living Services.

Executives

Man Lai Hung	2101 Beneficial owner
Pang Lun Kee Clifford	2202 Interest of your spouse
Elland Holdings Limited	2101 Beneficial owner

Clifford Modern Living Holdings (HKSE:03686) Headlines

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