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Zhuhai Port Co (SZSE:000507) Momentum Rank : 7 (As of Jun. 05, 2024)


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What is Zhuhai Port Co Momentum Rank?

Zhuhai Port Co has the Momentum Rank of 7.

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 Zhuhai Port Co's Momentum Rank

For the Marine Shipping subindustry, Zhuhai Port 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.


Zhuhai Port Co's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhuhai Port Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhuhai Port Co's Momentum Rank falls into.



Zhuhai Port Co Momentum Rank Related Terms

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Zhuhai Port Co (SZSE:000507) Business Description

Traded in Other Exchanges
N/A
Address
6th Unit, 1st Building, Jiuzhou Garden, Zhuhai, CHN, 519015
Zhuhai Port Co Ltd is engaged in port shipping, logistics supply chain, energy and environmental protection, port city construction, and shipping finance.
Executives
Chen Hong Executives
Tian Qiu Sheng Independent director
Huang Zhi Hua Executives, directors
Wang Ji Ning Director
Yang Ting An Director
Chen Hui Director
Shi Qi Feng Supervisors
Yan Qian Director
Wu Qian Xin Supervisors
Zhuang Ai Na Supervisors

Zhuhai Port Co (SZSE:000507) Headlines

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