Geo Jade Petroleum (SHSE:600759) Momentum Rank : 6 (As of Jun. 09, 2024)

View and export this data going back to 1996. Start your Free Trial

What is Geo Jade Petroleum Momentum Rank?

Geo Jade Petroleum has the Momentum Rank of 6.

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 Geo Jade Petroleum's Momentum Rank

For the Oil & Gas E&P subindustry, Geo Jade Petroleum'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.

Geo Jade Petroleum's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Geo Jade Petroleum's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Geo Jade Petroleum's Momentum Rank falls into.

Geo Jade Petroleum Momentum Rank Related Terms

Thank you for viewing the detailed overview of Geo Jade Petroleum's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Geo Jade Petroleum (SHSE:600759) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Geo Jade Petroleum Corp (SHSE:600759) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Xiayun Road, Eagle building, Abloack level3 (3A), Chaoyang District, Beijing, CHN

Website

http://www.geojade.com

Geo Jade Petroleum Corp is a China-based oil and gas exploration and development company. Its projects include Maten Petroleum, KoZhaN JSC, North Caspian Petroleum and Sozak Oil and Gas. In addition, the company is also involved in the investment management business.

Executives

Zhang Shi Ming	Director
Guo Yi	Director
Wang Wen Tao	Director
Liu Jian Feng	senior management
Lang Ying	Director
Liao Yong	Supervisors
Tan Xuan	senior management
Huang Jie	Supervisors
Yu Yang	Supervisors
He Xi	senior management
Hu Hui Ping	senior management
Chen Xue Yun	senior management
Qu Ning	senior management
Wu Guang Da	Supervisors
Fan Hui	senior management

Geo Jade Petroleum (SHSE:600759) Headlines

No Headlines