Gansu Dunhuang Seed Group Co (SHSE:600354) Momentum Rank : 7 (As of May. 26, 2024)

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What is Gansu Dunhuang Seed Group Co Momentum Rank?

Gansu Dunhuang Seed Group Co 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 Gansu Dunhuang Seed Group Co's Momentum Rank

For the Farm Products subindustry, Gansu Dunhuang Seed Group Co'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.

Gansu Dunhuang Seed Group Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gansu Dunhuang Seed Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Gansu Dunhuang Seed Group Co's Momentum Rank falls into.

Gansu Dunhuang Seed Group Co Momentum Rank Related Terms

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Gansu Dunhuang Seed Group Co (SHSE:600354) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gansu Dunhuang Seed Group Co Ltd (SHSE:600354) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 28 Suzhou Road, Suzhou District, Jiuquan, Gansu, CHN, 735000

Website

http://www.dhseed.com

Gansu Dunhuang Seed Group Co Ltd is a China-based company engaged in the production and sale of all kinds of crop seed. The company produces and markets grain, cotton, melon and vegetable seeds and cotton products such as lint, cottonseeds, and linters. It is also involved in processing and sale of cotton oil, tomato sauce, tomato powder, and hops products.

Executives

Shi Xiao Zhong	Director
Wang Cheng Ji	Director
Wang Shan Guang	senior management
Zhang Shao Ping	Director

Gansu Dunhuang Seed Group Co (SHSE:600354) Headlines

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