GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Beijing Jingxi Culture&Tourism Co Ltd (SZSE:000802) » Definitions » Momentum Rank

Beijing Jingxi Culture&Tourism Co (SZSE:000802) Momentum Rank : 9 (As of May. 27, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Beijing Jingxi Culture&Tourism Co Momentum Rank?

Beijing Jingxi Culture&Tourism Co has the Momentum Rank of 9.

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 Beijing Jingxi Culture&Tourism Co's Momentum Rank

For the Entertainment subindustry, Beijing Jingxi Culture&Tourism 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.


Beijing Jingxi Culture&Tourism Co's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Jingxi Culture&Tourism Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing Jingxi Culture&Tourism Co's Momentum Rank falls into.



Beijing Jingxi Culture&Tourism Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Beijing Jingxi Culture&Tourism Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Jingxi Culture&Tourism Co (SZSE:000802) Business Description

Traded in Other Exchanges
N/A
Address
9-5, Jiangtai West Road, Chaoyang District, Mentougou District, Beijing, CHN, 100016
Beijing Jingxi Culture&Tourism Co Ltd is a full-industry chain film and television entertainment media group. It is primarily engaged in the tourism and cultural resources, and film and television entertainment production businesses in China.
Executives
Wang Yan Independent director
Jiang Yang Securities Affairs Representative
Chen Chen Directors, executives
Yu Xiao Ping Executives
Li Hong Jun Supervisors
Ding Jiang Yong Director
Huang Zhong Yan Executives
Du Yang Executives
Xia Chen An Directors, executives
Cui Yan Jie Director
Cong Qi Executives
Wang Min Director
Li Lin Executives
Ren Rong Fen Supervisors
Yao De Ji Director

Beijing Jingxi Culture&Tourism Co (SZSE:000802) Headlines

No Headlines