Beijing Digital Telecom Co (HKSE:06188) Momentum Rank : 1 (As of Jun. 04, 2024)

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What is Beijing Digital Telecom Co Momentum Rank?

Beijing Digital Telecom 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 Beijing Digital Telecom Co's Momentum Rank

For the Specialty Retail subindustry, Beijing Digital Telecom 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.

Beijing Digital Telecom Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Digital Telecom Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing Digital Telecom Co's Momentum Rank falls into.

Beijing Digital Telecom Co Momentum Rank Related Terms

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Beijing Digital Telecom Co (HKSE:06188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beijing Digital Telecom Co Ltd (HKSE:06188) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

1D2:Germany

Address

Number 101, C Yi’an Business Building, 4th Floor, 18 Building Yi’an Jiayuan, Beiwa West, Haidian District, Beijing, CHN

Website

https://www.dixintong.com

Beijing Digital Telecom Co Ltd is a China-based company engaged in the sale of mobile telecommunications devices and accessories, the provision of value-added services for software, and the provision of personalized services and after-sales services for mobile phones. It also provides services of developing, consulting, and transferring of technologies related to computer and cyber engineering, telecommunication commerce, and the wholesale and maintenance of telecommunication devices. The company manages its business into one segment being the sale of mobile telecommunications devices. The company derives revenue from customers located in Mainland China, Spain, Bangladesh, India, Romania, and Bulgaria, of which key revenue is derived from Mainland China.

Executives

Yeung Wan Yiu	2201 Interest of corporation controlled by you
China Citic Bank Corporation Limited	2201 Interest of corporation controlled by you
Xiang Gang Hua Fa Tou Zi Kong Gu You Xian Gong Si	2101 Beneficial owner
Zhu Hai Hua Fa Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xi Yue Cultural Industry Investment Fund L.p.	2101 Beneficial owner
Vital Vision Limited	2101 Beneficial owner
Glorious Maple Limited	2101 Beneficial owner
Citic Limited	2201 Interest of corporation controlled by you
Citic Group Corporation	2201 Interest of corporation controlled by you
Citic International Financial Holdings Limited	2201 Interest of corporation controlled by you
Citic International Assets Management Limited	2201 Interest of corporation controlled by you
Ybn Investments Limited	2101 Beneficial owner
Ybn International Holdings Limited	2201 Interest of corporation controlled by you
Ybn Holdings Limited	2201 Interest of corporation controlled by you
Wang Wei	2201 Interest of corporation controlled by you

Beijing Digital Telecom Co (HKSE:06188) Headlines

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