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De Rucci Healthy Sleep Co (SZSE:001323) Momentum Rank : 0 (As of Jun. 10, 2024)


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What is De Rucci Healthy Sleep Co Momentum Rank?

De Rucci Healthy Sleep Co has the Momentum Rank of 0.

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.

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De Rucci Healthy Sleep Co (SZSE:001323) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » De Rucci Healthy Sleep Co Ltd (SZSE:001323) » Definitions » Momentum Rank
Comparable Companies
SHSE:603355 SZSE:002705 SHSE:603515 SZSE:002242 SZSE:002818 SZSE:002572 SHSE:600651 SZSE:002959 SHSE:603801 SHSE:603219 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
No. 1, Houjie Science and Technology Avenue, Houjie Town, Guangdong Province, Dongguan, CHN, 523900
Website
https://www.derucci.com
De Rucci Healthy Sleep Co Ltd specializes in the research and development, production and sales of a complete set of healthy sleep systems.
Executives
Deng Yong Hui Executives

De Rucci Healthy Sleep Co (SZSE:001323) Headlines

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