China ZhengTong Auto Services Holdings (HKSE:01728) Momentum Rank : 5 (As of May. 31, 2024)

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What is China ZhengTong Auto Services Holdings Momentum Rank?

China ZhengTong Auto Services Holdings 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 China ZhengTong Auto Services Holdings's Momentum Rank

For the Auto & Truck Dealerships subindustry, China ZhengTong Auto Services 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.

China ZhengTong Auto Services Holdings's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China ZhengTong Auto Services Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where China ZhengTong Auto Services Holdings's Momentum Rank falls into.

China ZhengTong Auto Services Holdings Momentum Rank Related Terms

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China ZhengTong Auto Services Holdings (HKSE:01728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China ZhengTong Auto Services Holdings Ltd (HKSE:01728) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ZA0:Germany

Address

No. 59, West Third-Ring South Road, Baoze Plaza, Beijing, CHN

Website

http://www.zhengtongauto.com

China ZhengTong Auto Services Holdings Ltd is a China-based investment holding company principally engaged in the sales of passenger motor vehicles, including luxury and ultra-luxury branded automobiles. The Company operates its business through four segments. The 4S Dealership Business segment is engaged in the sales of motor vehicles and motor spare parts and the provision of maintenance services. The Logistics Business segment is engaged in the provision of motor-related logistics services. The Lubricant Oil Business segment is engaged in the trading of lubricant oil. The Financial Services Business segment is engaged in the provision of financial services to auto customers and dealers.

Executives

Cheung Mui	2101 Beneficial owner
Xia Men Guo Mao Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xingtai Capital Management Limited	2102 Investment manager
Wang Muqing
Joy Capital Holdings Limited	2101 Beneficial owner
Bright Brilliant Holdings Limited	2201 Interest of corporation controlled by you
Credit Suisse Trust Limited	2301 Trustee
Wang Boheng	2307 Founder of a discretionary trust who can infl
Wang Weize	2307 Founder of a discretionary trust who can infl

China ZhengTong Auto Services Holdings (HKSE:01728) Headlines

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