Dongguan Rural Commercial Bank Co (HKSE:09889) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is Dongguan Rural Commercial Bank Co Momentum Rank?

Dongguan Rural Commercial Bank 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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Dongguan Rural Commercial Bank Co (HKSE:09889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dongguan Rural Commercial Bank Co Ltd (HKSE:09889) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.2, Hongfu East Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523123

Website

https://www.drcbank.com

Dongguan Rural Commercial Bank Co Ltd is engaged in providing financial services in China. It operates in four segments: Corporate banking, which covers financial products and services to corporate customers, governments, and financial institutions; Personal banking business segment covers financial products and services to individual customers; Treasury segment covers the Group's money market transactions, repurchase transactions, debt instrument investments, wealth management products, and precious metals; and Others.

Executives

Scoperto Limited	2101 Beneficial owner
Lee Kar Lung	2201 Interest of corporation controlled by you
Lion Fund Management Co.,ltd.	2102 Investment manager
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jun Xi You Xian Gong Si	2106 Person having a security interest in shares
Yam Tak Cheung	2201 Interest of corporation controlled by you
Fook Man Development Company Limited	2101 Beneficial owner
Dong Guan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Guo Tai Ji Jin Guan Li You Xian Gong Si
Cai Tong Ji Jin Guan Li You Xian Gong Si	2501 Other
Cai Tong Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Guan Shi Jiao Tong Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Dongguan Rural Commercial Bank Co (HKSE:09889) Headlines

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