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China Shenshan Orchard Holdings Co (SGX:BKV) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is China Shenshan Orchard Holdings Co Momentum Rank?

China Shenshan Orchard Holdings 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 Shenshan Orchard Holdings Co (SGX:BKV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Shenshan Orchard Holdings Co Ltd (SGX:BKV) » Definitions » Momentum Rank
Comparable Companies
SGX:5HG SGX:BNE SGX:BCV SGX:BJV SGX:GRQ ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002385 SHSE:600095
Traded in Other Exchanges
N/A
Address
12 Guanghua Road, Chi Ma Port Industrial Zone Chibi, Hubei Province, Zhengzhou, CHN, 450008
Website
https://www.ddhlimited.com
China Shenshan Orchard Holdings Co Ltd is a horticultural marketing company engaged in the business of planting, cultivating, and sale of kiwifruits in the People's Republic of China. The firm currently distributes its products via distributors, wholesalers, corporates, and e-commerce platforms.

China Shenshan Orchard Holdings Co (SGX:BKV) Headlines

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