Zibuyu Group (HKSE:02420) Momentum Rank : 0 (As of Jun. 12, 2024)

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What is Zibuyu Group Momentum Rank?

Zibuyu Group 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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Zibuyu Group (HKSE:02420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zibuyu Group Ltd (HKSE:02420) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 410, No. 108, Xincheng Road, Nanyuan Street, Linping District, Zhejiang Province, Hangzhou, CHN

Website

https://www.zbycorp.com

Zibuyu Group Ltd is an investment holding company and its subsidiaries are engaged in focusing on the sale of apparel and footwear products through third-party e-commerce platforms across china. It designs apparel, footwear and other products, procure products manufactured in accordance with its design and on OEM basis from selected OEM suppliers, and subsequently sell such products to customers globally through a combination of third-party e-commerce platforms and its self-operated online stores. Its sales channels consisted of Amazon, Wish, other third-party e-commerce platforms such as eBay and AliExpress, and its self-operated online stores.

Executives

Wang Shijian
Hua Bingru	2201 Interest of corporation controlled by you
Yu Feng	2201 Interest of corporation controlled by you
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Zibuyu Group (HKSE:02420) Headlines

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