Luoniushan Co (SZSE:000735) Momentum Rank : 4 (As of May. 24, 2024)

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What is Luoniushan Co Momentum Rank?

Luoniushan Co has the Momentum Rank of 4.

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 Luoniushan Co's Momentum Rank

For the Farm Products subindustry, Luoniushan 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.

Luoniushan Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Luoniushan Co's Momentum Rank distribution charts can be found below:

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

Luoniushan Co Momentum Rank Related Terms

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Luoniushan Co (SZSE:000735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Luoniushan Co Ltd (SZSE:000735) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 5 Guoxing Avenue, 12th Floor, Nongxin Building, Hainan Building, Meilan District, Hainan Province, Haikou, CHN

Website

http://www.luoniushan.com

Luoniushan Co Ltd is engaged in animal husbandry in China. The Company is mainly engaged in the pig farming, live pig slaughter and cold chain services of agricultural products. Further, it is also involved in various other activities such as real estate development, education, and financial investment.

Executives

Tang Shan Rong	Executives
Li Tian Qing	Supervisors
Xu Zi Li	Director
Chen Ri Jin	Independent director
Li Wan You	Executives
Xu Jun Feng	Director
Kong Jin Long	Executives
Song Lan	Executives
Wang Guo Qiang	Supervisors
Zhong Jin Xiong	Executives
Yao De Biao	Executives

Luoniushan Co (SZSE:000735) Headlines

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