Chalkis Health Industry Co (SZSE:000972) Momentum Rank : 10 (As of Jun. 06, 2024)

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What is Chalkis Health Industry Co Momentum Rank?

Chalkis Health Industry Co has the Momentum Rank of 10.

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 Chalkis Health Industry Co's Momentum Rank

For the Packaged Foods subindustry, Chalkis Health Industry 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.

Chalkis Health Industry Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chalkis Health Industry Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Chalkis Health Industry Co's Momentum Rank falls into.

Chalkis Health Industry Co Momentum Rank Related Terms

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Chalkis Health Industry Co (SZSE:000972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chalkis Health Industry Co Ltd (SZSE:000972) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.8 Qingnian Road Sunshine Plaza, Xinjiang, Urumqi, CHN, 830000

Website

http://www.chalkistomato.com

Chalkis Health Industry Co Ltd operates as a processor of tomatos and fruits in China. The Company offers tomato products, such as aseptic paste, tinned paste, canned tomato paste, diced tomatoes, among others.

Executives

Kong Fan Li	Director
Wang Liu Ping	Director
Dai Rong Hui	Supervisors
Dang Yan Wu	Executives
Yao Bin Jie	Director
Long Ya Hui	Directors, executives
Gu Yong Xin	Directors, executives
Zhu Ming	Executives
Li Run	Director
Huang Bin	Executives
Wu Zhi Zhou	Supervisors
Luo Qiong	Executives
Gu Li Xin	Directors, executives
Xing Jiang	Securities Affairs Representative
Cheng Yi	Executives

Chalkis Health Industry Co (SZSE:000972) Headlines

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