Brilliant NEV (Brilliant NEV) Momentum Rank : 9 (As of May. 05, 2024)

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What is Brilliant NEV Momentum Rank?

Brilliant NEV has the Momentum Rank of 9.

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 Brilliant NEV's Momentum Rank

For the Shell Companies subindustry, Brilliant NEV'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.

Brilliant NEV's Momentum Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Brilliant NEV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Brilliant NEV's Momentum Rank falls into.

Brilliant NEV Momentum Rank Related Terms

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Brilliant NEV (Brilliant NEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Brilliant NEV Corp (OTCPK:BNEV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintiandi Business Center, Room 805, West Building 4, Gongshu District, Hangzhou, Zhejiang Province, CHN, 100023

Website

http://www.corpclancy.com

Brilliant NEV Corp is engaged in providing business consulting services to small and medium-sized businesses. These services can be segregated into the following four segments Information technology consulting and training services, Information technology operation and maintenance and supporting services, Design, development, and testing services, Data processing and integration implementation services.

Brilliant NEV (Brilliant NEV) Headlines

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