Gansu Huangtai Wine-marketing Industry Co (SZSE:000995) Momentum Rank : 7 (As of May. 11, 2024)

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What is Gansu Huangtai Wine-marketing Industry Co Momentum Rank?

Gansu Huangtai Wine-marketing Industry 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 Gansu Huangtai Wine-marketing Industry Co's Momentum Rank

For the Beverages - Brewers subindustry, Gansu Huangtai Wine-marketing Industry 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.

Gansu Huangtai Wine-marketing Industry Co's Momentum Rank Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Gansu Huangtai Wine-marketing Industry Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Gansu Huangtai Wine-marketing Industry Co's Momentum Rank falls into.

Gansu Huangtai Wine-marketing Industry Co Momentum Rank Related Terms

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Gansu Huangtai Wine-marketing Industry Co (SZSE:000995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Gansu Huangtai Wine-marketing Industry Co Ltd (SZSE:000995) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 55 Xinjian Road, Xiguan Street, Liangzhou District, Gansu Province, Wuwei, CHN, 733000

Website

http://www.huangtaijiuye.com

Gansu Huangtai Wine-marketing Industry Co Ltd is an alcoholic beverage manufacturer in China. It is also involved in sugar production within the food industry. Its major products include edible sugar products, crop-brewed liquors, and wines.

Gansu Huangtai Wine-marketing Industry Co (SZSE:000995) Headlines

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