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Zhou Hei Ya International Holdings Co (HKSE:01458) Momentum Rank : 5 (As of May. 29, 2024)


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What is Zhou Hei Ya International Holdings Co Momentum Rank?

Zhou Hei Ya International Holdings Co has the Momentum Rank of 5.

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 Zhou Hei Ya International Holdings Co's Momentum Rank

For the Packaged Foods subindustry, Zhou Hei Ya International Holdings 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.


Zhou Hei Ya International Holdings Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhou Hei Ya International Holdings Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhou Hei Ya International Holdings Co's Momentum Rank falls into.



Zhou Hei Ya International Holdings Co Momentum Rank Related Terms

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Zhou Hei Ya International Holdings Co (HKSE:01458) Business Description

Traded in Other Exchanges
Address
No. 8-1 Huitong Road Zoumaling, Dongxihu District, Hubei Province, Wuhan, CHN, 430040
Zhou Hei Ya International Holdings Company Limited is a China-based investment holding company. The Company, along with its subsidiaries, is principally engaged in the production, marketing and retailing of casual braised duck-related casual food. The Company mainly sells its products under the brand name of Zhou Hei Ya. Its products mainly include ducks and duck part products, braised red meat, braised vegetable products and other braised poultry. The Company mainly operates its business in domestic market, with Central China and Southern China as its major markets.
Executives
Healthy Origin Holdings Limited 2101 Beneficial owner
Tang Jianfang 2307 Founder of a discretionary trust who can infl
Zhou Fuyu 2202 Interest of your spouse
Cantrust (far East) Limited 2301 Trustee
Zhy X Holdings Co., Limited 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Credit Suisse Group Ag 2201 Interest of corporation controlled by you
Tang Jianfang 2307 Founder of a discretionary trust who can infl
Zhy Holdings Iv Company Limited 2101 Beneficial owner

Zhou Hei Ya International Holdings Co (HKSE:01458) Headlines

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