China Tianrui Group Cement Co (HKSE:01252) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is China Tianrui Group Cement Co Momentum Rank?

China Tianrui Group Cement Co 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.

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China Tianrui Group Cement Co (HKSE:01252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Tianrui Group Cement Co Ltd (HKSE:01252) » Definitions » Momentum Rank

Traded in Other Exchanges

T18:Germany

Address

No. 63 Guangcheng East Road, Henan Province, Ruzhou, CHN, 467500

Website

http://www.trcement.com

China Tianrui Group Cement Co Ltd, along with its subsidiaries, is engaged in the excavation of limestone, the production, and sale of cement and clinker. The company is organized into two geographic segments: Central China and Northeastern China of which Central China contributes the vast majority of total revenue.

Executives

Li Fengluan	2201 Interest of corporation controlled by you
Li Liufa	2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited	2201 Interest of corporation controlled by you
Tianrui Group Company Limited	2201 Interest of corporation controlled by you
Yu Kuo Company Limited	2101 Beneficial owner
Carosse Limited	2201 Interest of corporation controlled by you
Holy Eagle Company Limited	2201 Interest of corporation controlled by you
Yu Qi Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Huarong (macau) International Company Limited	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Jin Chu Kou Yin Xing	2106 Person having a security interest in shares
Wu Tong Shu Tou Zi Ping Tai You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Best Ego Limited	2106 Person having a security interest in shares
China Huarong International Holdings Ltd	2201 Interest of corporation controlled by you

China Tianrui Group Cement Co (HKSE:01252) Headlines

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