Classified Group (Holdings) (HKSE:08232) Momentum Rank : 2 (As of May. 27, 2024)

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What is Classified Group (Holdings) Momentum Rank?

Classified Group (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 Classified Group (Holdings)'s Momentum Rank

For the Restaurants subindustry, Classified Group (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.

Classified Group (Holdings)'s Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Classified Group (Holdings)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Classified Group (Holdings)'s Momentum Rank falls into.

Classified Group (Holdings) Momentum Rank Related Terms

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Classified Group (Holdings) (HKSE:08232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Classified Group (Holdings) Ltd (HKSE:08232) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.classifiedgroup.com.hk

Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants aim to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.

Executives

Vms Investment Group Limited	2101 Beneficial owner
Peyton Global Limited	2101 Beneficial owner
Wiltshire Global Limited	2101 Beneficial owner
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Cheng Chi Man	2202 Interest of your spouse
Pong Kin Yee	2201 Interest of corporation controlled by you
Lee Yuen Ching Charmaine	2202 Interest of your spouse
Wong Arnold Chi Chiu	2201 Interest of corporation controlled by you
Millennium Pacific Information Technology Limited	2101 Beneficial owner

Classified Group (Holdings) (HKSE:08232) Headlines

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