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DDC Enterprise (DDC Enterprise) Momentum Rank : 0 (As of May. 27, 2024)


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What is DDC Enterprise Momentum Rank?

DDC Enterprise has the Momentum Rank of 0.

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.

DDC Enterprise Momentum Rank Related Terms

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DDC Enterprise (DDC Enterprise) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DDC Enterprise Ltd (AMEX:DDC) » Definitions » Momentum Rank
Comparable Companies
Traded in Other Exchanges
N/A
Address
233 Hollywood Road, Room 1601-1602, 16th Floor, Hollywood Centre, Sheung Wan, HKG
Website
https://www.daydaycook.com.cn
DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat , ready-to-cook and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to Millennial and Generation Z customer-base. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.

DDC Enterprise (DDC Enterprise) Headlines