Guangdong Great River Smarter Logistics Co (SZSE:002930) Momentum Rank : 1 (As of May. 27, 2024)

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What is Guangdong Great River Smarter Logistics Co Momentum Rank?

Guangdong Great River Smarter Logistics 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 Guangdong Great River Smarter Logistics Co's Momentum Rank

For the Marine Shipping subindustry, Guangdong Great River Smarter Logistics 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.

Guangdong Great River Smarter Logistics Co's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangdong Great River Smarter Logistics Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guangdong Great River Smarter Logistics Co's Momentum Rank falls into.

Guangdong Great River Smarter Logistics Co Momentum Rank Related Terms

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Guangdong Great River Smarter Logistics Co (SZSE:002930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangdong Great River Smarter Logistics Co Ltd (SZSE:002930) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

South Bank of Danshui Estuary, 3rd Floor, Administrative Building, Sanjiang Company, Shatian Town, Guangdong Province, Dongguan City, CHN, 523000

Website

http://www.grsl.cc

Guangdong Great River Smarter Logistics Co Ltd operates as a logistics company. The firm provides warehouse, loading, unloading, barrel filling, and value-added services for petrochemical products. Its Logistics chain management services include operation of terminals, warehousing, international sea freight forwarding, land international freight forwarding, domestic freight forwarding, and warehousing agents. Its transit and other services mainly include services such as transfer, transfer, direct unloading of ships and ships, and replenishment of ships.

Executives

Lin Hai Chuan	Directors, executives
Gan Yi	Directors, executives
Li Xiao Li	Executives
Huang Yun Tao	Directors, executives
Liu Yan	Supervisors
Zhong Xiao	Supervisors

Guangdong Great River Smarter Logistics Co (SZSE:002930) Headlines

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