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Omnibridge Holdings (HKSE:08462) Momentum Rank : 0 (As of May. 28, 2024)


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What is Omnibridge Holdings Momentum Rank?

Omnibridge Holdings 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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Omnibridge Holdings (HKSE:08462) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Suite 506, Admiralty Centre Tower 2, Sheung Wan, Admiralty, Hong Kong, HKG
Omnibridge Holdings Ltd provides human resources services. It is principally engaged in the provision of human resources outsourcing services and human resources recruitment services. The company identifies, screens, assesses, and procures qualified candidates to be employed by its clients generally for positions at all levels, including administrative, executive, managerial, and professional, to suit its clients' business needs. Its operations are held in Singapore.
Executives
Chew Chee Kian (zhou Zhijian) 2101 Beneficial owner
Yong Yuet Han 2202 Interest of your spouse
Chew Chee Kian 2201 Interest of corporation controlled by you
Omnipartners Holdings Limited 2101 Beneficial owner
Yong Yuet Han 2202 Interest of your spouse

Omnibridge Holdings (HKSE:08462) Headlines

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