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Roma (meta) Group (HKSE:08072) Momentum Rank : 0 (As of May. 24, 2024)


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What is Roma (meta) Group Momentum Rank?

Roma (meta) Group 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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Roma (meta) Group (HKSE:08072) Business Description

Traded in Other Exchanges
N/A
Address
39 Gloucester Road, Room 1101-4, 11th Floor, Harcourt House, Wanchai, Hong Kong, HKG
Roma (meta) Group Ltd is principally engaged in the provision of valuation and advisory services, financing services and securities broking, placing and underwriting, and investment advisory and asset management services The services of the company include natural resources valuation and technical advisory services, specialized valuation and consultancy services, such as business and intangible assets valuation, financial instruments valuation. Its business segments are Valuation and advisory services, Financing services, Securities broking, placing and underwriting and investment advisory and asset management, and other segments. It operates in Hong Kong and derives the majority of its revenue from the Valuation and advisory services segment.
Executives
Aperto Investments Limited 2101 Beneficial owner
Luk Kee Yan Kelvin 2201 Interest of corporation controlled by you
Fast And Fabulous Company Limited 2301 Trustee
Yue Kwai Wa Ken 2201 Interest of corporation controlled by you

Roma (meta) Group (HKSE:08072) Headlines

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