Zhejiang Talent Television & Film Co (SZSE:300426) Momentum Rank : 5 (As of May. 27, 2024)

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What is Zhejiang Talent Television & Film Co Momentum Rank?

Zhejiang Talent Television & Film Co has the Momentum Rank of 5.

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 Zhejiang Talent Television & Film Co's Momentum Rank

For the Entertainment subindustry, Zhejiang Talent Television & Film 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.

Zhejiang Talent Television & Film Co's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Talent Television & Film Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Talent Television & Film Co's Momentum Rank falls into.

Zhejiang Talent Television & Film Co Momentum Rank Related Terms

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Zhejiang Talent Television & Film Co (SZSE:300426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zhejiang Talent Television & Film Co Ltd (SZSE:300426) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16 Huayuan Road, Haidian District, Beijing, CHN, 100088

Website

http://www.tangde.com.cn

Zhejiang Talent Television & Film Co Ltd is engaged in investment, production, promotion, and distribution of both domestic and imported films.

Executives

Li Min	Executives
Wang Zhi Qiang	Executives
Yu Hui	Supervisors
Li Huan	Executives
Zheng Min Peng	Directors, executives
Fu Bo Lan	Supervisors
Zhao Jian	Director
Gu Yuan Feng	Directors, Directors, and Executives
Wu Hong Liang	Directors, executives

Zhejiang Talent Television & Film Co (SZSE:300426) Headlines

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