Wonders Information Co (SZSE:300168) Momentum Rank : 2 (As of Jun. 08, 2024)

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What is Wonders Information Co Momentum Rank?

Wonders Information Co has the Momentum Rank of 2.

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 Wonders Information Co's Momentum Rank

For the Information Technology Services subindustry, Wonders Information 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.

Wonders Information Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Wonders Information Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wonders Information Co's Momentum Rank falls into.

Wonders Information Co Momentum Rank Related Terms

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Wonders Information Co (SZSE:300168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wonders Information Co Ltd (SZSE:300168) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 1518, Lianhang Road, Minhang District, Shanghai, CHN, 201112

Website

http://www.wondersgroup.com

Wonders Information Co Ltd is a software and service provider of information technology. Based on the core business of the industry, the company focuses on the development of online operation of public services, actively explores offline closed-loop services, continuously improves the operational efficiency of the city, and provides more convenient services, leading the transformation of the national medical health, culture and education industries. The company holds more than 600 software products and software copyrights.

Executives

Zhang Ling Qing	Directors, executives
Wang Wen Yu	Securities Affairs Representative
Tan Li Xiang	Executives
Weng Si Yue	Executives
Jiang Feng	Executives
Li Guang Ya	Directors, executives
Yang Ling	Executives
Zhu Jun Hai	Executives
Shi Yi Bing	Directors, executives
Zhang Tian Ren	Executives
Wang Qing	Directors, executives
Wang Qing Gang	Supervisors
Wang Hu	Supervisors
Wen Jian Zhong	Executives
Xue Li Fang	Executives

Wonders Information Co (SZSE:300168) Headlines

No Headlines