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Soho Holly (SHSE:600128) Momentum Rank : 5 (As of May. 26, 2024)


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What is Soho Holly Momentum Rank?

Soho Holly has the Momentum Rank of 5.

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 Soho Holly's Momentum Rank

For the Specialty Retail subindustry, Soho Holly'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.


Soho Holly's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Soho Holly's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Soho Holly's Momentum Rank falls into.



Soho Holly Momentum Rank Related Terms

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Soho Holly (SHSE:600128) Business Description

Traded in Other Exchanges
N/A
Address
No. 50 Zhonghua Road, Hongye Building, Nanjing, Jiangsu, CHN, 210001
Jiangsu Holly Corp is engaged in the trade and export clothing, toys, fishing gear, shoes and hats, medical equipment, chemicals, building materials, household goods, and resources and energy.
Executives
Gu Ming Rong senior management
Ge Meng Director
Zhang Fa Song senior management
Liu Sui Zhi Director
Qian Jing Qi Director
Wu Ting Chang Director
Pu Xue Nian Supervisors

Soho Holly (SHSE:600128) Headlines

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