Pou Sheng International (Holdings) (HKSE:03813) Momentum Rank : 10 (As of May. 14, 2024)

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What is Pou Sheng International (Holdings) Momentum Rank?

Pou Sheng International (Holdings) has the Momentum Rank of 10.

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.

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Competitive Comparison of Pou Sheng International (Holdings)'s Momentum Rank

For the Footwear & Accessories subindustry, Pou Sheng 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.

Pou Sheng International (Holdings)'s Momentum Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Sheng International (Holdings)'s Momentum Rank distribution charts can be found below:

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

Pou Sheng International (Holdings) Momentum Rank Related Terms

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Pou Sheng International (Holdings) (HKSE:03813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pou Sheng International (Holdings) Ltd (HKSE:03813) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

P5C:Germany

Address

108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.pousheng.com

Pou Sheng International (Holdings) Ltd is an investment holding company. The principal activities of the Group are the distribution and retailing of sportswear and footwear products, the provision of sports services, and the provision of large-scale commercial spaces to retailers and distributors for commissions from concessionaire sales. The group's operations are mainly located in the PRC.

Pou Sheng International (Holdings) (HKSE:03813) Headlines

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