China Jinmao Holdings Group (HKSE:00817) Momentum Rank : 7 (As of Jun. 03, 2024)

View and export this data going back to 2007. Start your Free Trial

What is China Jinmao Holdings Group Momentum Rank?

China Jinmao Holdings Group has the Momentum Rank of 7.

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 China Jinmao Holdings Group's Momentum Rank

For the Real Estate - Development subindustry, China Jinmao Holdings Group'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.

China Jinmao Holdings Group's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Jinmao Holdings Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where China Jinmao Holdings Group's Momentum Rank falls into.

China Jinmao Holdings Group Momentum Rank Related Terms

Thank you for viewing the detailed overview of China Jinmao Holdings Group's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

China Jinmao Holdings Group (HKSE:00817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Jinmao Holdings Group Ltd (HKSE:00817) » Definitions » Momentum Rank

Traded in Other Exchanges

3F5:Germany

Address

No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG

Website

https://www.chinajinmao.cn

China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Hua Xiang Gang Ji Tuan You Xian Gong Si	2101 Beneficial owner
Zhong Guo Zhong Hua Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si	2501 Other
Ping An Of China Asset Management (hong Kong) Company Limited
New China Asset Management Company Limited	2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd.	2201 Interest of corporation controlled by you
New China Asset Management (hong Kong) Limited	2201 Interest of corporation controlled by you

China Jinmao Holdings Group (HKSE:00817) Headlines

No Headlines