Yang Guang Co (SZSE:000608) Momentum Rank : 1 (As of May. 28, 2024)

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What is Yang Guang Co Momentum Rank?

Yang Guang 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 Yang Guang Co's Momentum Rank

For the Real Estate - Development subindustry, Yang Guang 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.

Yang Guang Co's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yang Guang Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Yang Guang Co's Momentum Rank falls into.

Yang Guang Co Momentum Rank Related Terms

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Yang Guang Co (SZSE:000608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yang Guang Co Ltd (SZSE:000608) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.112 Xizhimen Outer Street, Sunshine Plaza, 11F, Xicheng District, Beijing, CHN, 100044

Website

http://www.yangguangxinye.com

Yang Guang Co Ltd operates in the real estate sector. The company is engaged in the development of commercial, residential and integrated real estate properties.

Executives

Chen Zhong Mou	Executives
Fu Jin Long	Executives
Xiong Wei	Directors, executives
Li Yun Chang	Supervisors
Liu Jian Tu	Supervisors
Wu Wei Guang	Supervisors
He Xi	Directors, executives
Shen Kui	Executives
Zhao Bo	Secretary Dong
Tang Jun	Secretary, Director
Li Guo Ping	Executives
Wu Yao	Executives
Hou Guo Min	Directors, executives

Yang Guang Co (SZSE:000608) Headlines

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