Telling Telecommunication Holding Co (SZSE:000829) Momentum Rank : 10 (As of Jun. 10, 2024)

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What is Telling Telecommunication Holding Co Momentum Rank?

Telling Telecommunication Holding Co has the Momentum Rank of 10.

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 Telling Telecommunication Holding Co's Momentum Rank

For the Consumer Electronics subindustry, Telling Telecommunication Holding 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.

Telling Telecommunication Holding Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telling Telecommunication Holding Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Telling Telecommunication Holding Co's Momentum Rank falls into.

Telling Telecommunication Holding Co Momentum Rank Related Terms

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Telling Telecommunication Holding Co (SZSE:000829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telling Telecommunication Holding Co Ltd (SZSE:000829) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.117 Dewai Street, Block D, Desheng Shangcheng, Xicheng District, Shenzhen, CHN, 100088

Website

http://www.chinatelling.com

Telling Telecommunication Holding Co Ltd is mainly engaged in mobile phone distribution, retail, and after-sales service in China. It is also China Mobile's and China Unicom's main mobile phone and related service supplier.

Executives

Feng Jing Liang	Supervisors
Yi Jiang Nan	Executives
Xiao Meng	Securities Affairs Representative
Zhou Xing Ming	Supervisors
Hu Xiu Yan	Supervisors

Telling Telecommunication Holding Co (SZSE:000829) Headlines

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