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China Partytime Culture Holdings (HKSE:01532) Momentum Rank : 0 (As of Oct. 09, 2024)


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What is China Partytime Culture Holdings Momentum Rank?

China Partytime Culture 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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China Partytime Culture Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.3 Chunchao Road, Yichun Economic and Technological Development Zone, Jiangxi Province, Yichun, CHN
China Partytime Culture Holdings Ltd is an investment company. It is engaged in the design, development, production, selling, and marketing of cosplay products (including cosplay costumes and cosplay wigs) and non-cosplay apparel which include mainly sexy lingerie. The operating segments of the group are Wigs; Clothing and others, including cosplay costumes, sexy lingerie, and others; and the Leasing of factory premises involving self-owned or held under leasehold interest. The group derives revenue from the PRC, the U.S., Germany, the U.K., Australia, Holland, Japan and other countries.
Executives
Master Professional Holdings Limited 2101 Beneficial owner
Li Bin 2101 Beneficial owner
Feng Xianhua 2101 Beneficial owner
Chen Shucai 2201 Interest of corporation controlled by you
Ye Wanhong 2201 Interest of corporation controlled by you
Lam Shek Sun 2101 Beneficial owner
Ng Ting Wai 2101 Beneficial owner

China Partytime Culture Holdings Headlines

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