Central China Real Estate (Central China Real Estate) Momentum Rank : 7 (As of May. 26, 2024)

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What is Central China Real Estate Momentum Rank?

Central China Real Estate has the Momentum Rank of 7.

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 Central China Real Estate's Momentum Rank

For the Real Estate - Development subindustry, Central China Real Estate'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.

Central China Real Estate's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China Real Estate's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Central China Real Estate's Momentum Rank falls into.

Central China Real Estate Momentum Rank Related Terms

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Central China Real Estate (Central China Real Estate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central China Real Estate Ltd (OTCPK:CNLLF) » Definitions » Momentum Rank

Traded in Other Exchanges

00832:Hong Kong AJ5:Germany

Address

Nongye East Road, Block E, Jianye Office Building, Henan Province, Zhengzhou, CHN

Website

http://www.jianye.com.cn

Central China Real Estate Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company's main businesses include the development of property projects for sales and rental, as well as hotel operations. Its properties include Zhengzhou Tianzhu, Zhengzhou Triumph Plaza, Pingdingshan Eighteen Cities, and Jiaozuo Xiuwu Forest Peninsula, among others. Its hotels include Le Meridien Zhengzhou, Aloft Zhengzhou Shangjie, and Holiday Inn Nanyang, among others. The Company is also involved in the businesses of cultural tourism projects and light-asset model projects. The Company mainly operates businesses in Henan, China.

Central China Real Estate (Central China Real Estate) Headlines

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