Zhongbai Holdings Group Co (SZSE:000759) Momentum Rank : 2 (As of Jun. 08, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Zhongbai Holdings Group Co Momentum Rank?

Zhongbai Holdings Group Co has the Momentum Rank of 2.

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 Zhongbai Holdings Group Co's Momentum Rank

For the Discount Stores subindustry, Zhongbai Holdings 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.

Zhongbai Holdings Group Co's Momentum Rank Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Zhongbai Holdings Group Co's Momentum Rank distribution charts can be found below:

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

Zhongbai Holdings Group Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Zhongbai Holdings Group Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhongbai Holdings Group Co (SZSE:000759) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Zhongbai Holdings Group Co Ltd (SZSE:000759) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

65-71 Nanniwan Road, Gutian 2nd Road, Block B, Building 8, HSBC Enterprise Headquarters, Hubei, Wuhan, CHN, 430035

Website

http://www.whzb.com

Zhongbai Holdings Group Co Ltd located in China is engaged mainly in retailing. The company exists in the form of a variety of business such as a supermarket and online shopping malls. It also engages in trade and logistics.

Executives

Liu Wen Lan	Director
Zhao Lin	Executives
Yin Yan Hong	Supervisors
Cheng Jun	Executives
Yang Xiao Hong	Executives
He Li Jun	Supervisors
Liu Cong	Director
Wang Hui	Executives
Peng Bo	Directors, executives
Wang Chun	Directors, executives
Zhang Dong Sheng	Directors, executives
Zhu Xin Rong	Independent director
Wang Ai Qun	Director
Zhang Jin Song	Directors, executives
Tang Jun	Director

Zhongbai Holdings Group Co (SZSE:000759) Headlines

No Headlines