Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Momentum Rank : 1 (As of May. 25, 2024)

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What is Xinjiang Baihuacun Pharam Tech Co Momentum Rank?

Xinjiang Baihuacun Pharam Tech Co has the Momentum Rank of 1.

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 Xinjiang Baihuacun Pharam Tech Co's Momentum Rank

For the Restaurants subindustry, Xinjiang Baihuacun Pharam Tech 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.

Xinjiang Baihuacun Pharam Tech Co's Momentum Rank Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Xinjiang Baihuacun Pharam Tech Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Xinjiang Baihuacun Pharam Tech Co's Momentum Rank falls into.

Xinjiang Baihuacun Pharam Tech Co Momentum Rank Related Terms

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Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Xinjiang Baihuacun Pharam Tech Co Ltd (SHSE:600721) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 141 Zhongshan Road, Urumqi, Xinjiang, CHN, 830002

Website

http://www.xjbhc.net

Xinjiang Baihuacun Co Ltd is engaged in energy development, information products and digital imaging technology, as well as the operation of restaurants.

Executives

Xia Yan	Director
Cai Zi Yun	Directors, senior managers
Lv Zheng Tian	Director
Zheng Cai Hong	Director
Zhao Qin Qin	senior management
Li Na	Supervisors
Wang Qing Hui	Director
Huang Hui	Director
Tian Ping	Director
Zhang Xiao Qing	Director
Zhang Jun	senior management
Hou Tie Jun	Director

Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Headlines

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