Liqun Commercial Group Co (SHSE:601366) Momentum Rank : 1 (As of Jun. 04, 2024)

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What is Liqun Commercial Group Co Momentum Rank?

Liqun Commercial Group Co has the Momentum Rank of 1.

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 Liqun Commercial Group Co's Momentum Rank

For the Department Stores subindustry, Liqun Commercial Group 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.

Liqun Commercial Group Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liqun Commercial Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Liqun Commercial Group Co's Momentum Rank falls into.

Liqun Commercial Group Co Momentum Rank Related Terms

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Liqun Commercial Group Co (SHSE:601366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liqun Commercial Group Co Ltd (SHSE:601366) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 83, Haier Road, Laoshan District, Shandong Province, Qingdao City, CHN

Website

http://www.liquncommercialgroup.com

Liqun Commercial Group Co Ltd is engaged in retail chains with department stores, supermarkets and electrical appliances.

Executives

Lu Cui Rong	senior management
Cao Li Juan	Supervisors
Luo Jun	senior management
Hu Pei Feng	Directors, senior managers
Ding Lin	Director
Wang Wen	Directors, senior managers
Zhang Bing	senior management
Xu De Cai	Directors, senior managers
Zhang Yuan Shuang	senior management

Liqun Commercial Group Co (SHSE:601366) Headlines

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