Shunya International Martech (Beijing) Co (SZSE:300612) Momentum Rank : 7 (As of May. 26, 2024)

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What is Shunya International Martech (Beijing) Co Momentum Rank?

Shunya International Martech (Beijing) Co has the Momentum Rank of 7.

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 Shunya International Martech (Beijing) Co's Momentum Rank

For the Advertising Agencies subindustry, Shunya International Martech (Beijing) 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.

Shunya International Martech (Beijing) Co's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shunya International Martech (Beijing) Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shunya International Martech (Beijing) Co's Momentum Rank falls into.

Shunya International Martech (Beijing) Co Momentum Rank Related Terms

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Shunya International Martech (Beijing) Co (SZSE:300612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shunya International Martech (Beijing) Co Ltd (SZSE:300612) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Creative Industry Park CN02, Bali Zhuang Dong Li Lai Kam 1 Cultural, Chaoyang District, Beijing, CHN, 100025

Website

http://www.shunyagroup.com

Shunya International Martech (Beijing) Co Ltd is a Chinese integrated communication agency. It provides communications solution services. The services include enterprise management, market planning, contractor exhibition activities and advertising information consultation services.

Executives

Zhang Xiu Bing

Director

Shunya International Martech (Beijing) Co (SZSE:300612) Headlines

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