HNA Investment Group Co (SZSE:000616) Momentum Rank : 1 (As of May. 31, 2024)

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What is HNA Investment Group Co Momentum Rank?

HNA Investment Group 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 HNA Investment Group Co's Momentum Rank

For the Real Estate - Development subindustry, HNA Investment 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.

HNA Investment Group Co's Momentum Rank Distribution in the Real Estate Industry

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

* The bar in red indicates where HNA Investment Group Co's Momentum Rank falls into.

HNA Investment Group Co Momentum Rank Related Terms

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HNA Investment Group Co (SZSE:000616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HNA Investment Group Co Ltd (SZSE:000616) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 11 Chang Chun Qiao Road, Wan Liu Yi Cheng Center A, 17th Floor, Haidian District, Beijing, CHN, 100089

Website

http://www.hnagroup.com

HNA Investment Group Co Ltd is a global company with diversified business interests that focus on aviation, tourism, logistics and financial services with significant operations globally. Its Aviation and Tourism's core businesses include transportation, hospitality, travel, and catering. Its Logistics covers air freight, airport management, warehousing logistics, logistics financial services and smart logistics.

Executives

Chen Tao	Executives
Dai Mei Ou	Directors, executives
Yang Hong Ri	Supervisors
Cao Ying	Supervisors
Ma Yin	Directors, executives
Hao Sheng Gen	Director
Zhang Li Ping	Directors, executives

HNA Investment Group Co (SZSE:000616) Headlines

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