Guolian Securities Co (HKSE:01456) Momentum Rank : 8 (As of May. 04, 2024)

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What is Guolian Securities Co Momentum Rank?

Guolian Securities Co has the Momentum Rank of 8.

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 Guolian Securities Co's Momentum Rank

For the Capital Markets subindustry, Guolian Securities 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.

Guolian Securities Co's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guolian Securities Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guolian Securities Co's Momentum Rank falls into.

Guolian Securities Co Momentum Rank Related Terms

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Guolian Securities Co (HKSE:01456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guolian Securities Co Ltd (HKSE:01456) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

601456:China

Address

No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000

Website

https://www.glsc.com.cn

Guolian Securities Co Ltd is a china based financial institution. The company's operating segments include Brokerage and wealth management; Credit transaction; Investment banking; Proprietary trading; Asset management and investment and Other businesses. It generates maximum revenue from the Proprietary trading segment. The Proprietary trading segment includes trading in financial products. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation.

Guolian Securities Co (HKSE:01456) Headlines

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