Shen Zhen Bauing Construction Holding Group Co (SZSE:002047) Momentum Rank : 2 (As of Jun. 03, 2024)

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What is Shen Zhen Bauing Construction Holding Group Co Momentum Rank?

Shen Zhen Bauing Construction Holding 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 Shen Zhen Bauing Construction Holding Group Co's Momentum Rank

For the Engineering & Construction subindustry, Shen Zhen Bauing Construction Holding 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.

Shen Zhen Bauing Construction Holding Group Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shen Zhen Bauing Construction Holding Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shen Zhen Bauing Construction Holding Group Co's Momentum Rank falls into.

Shen Zhen Bauing Construction Holding Group Co Momentum Rank Related Terms

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Shen Zhen Bauing Construction Holding Group Co (SZSE:002047) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shen Zhen Bauing Construction Holding Group Co Ltd (SZSE:002047) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tairan 4th Road, 4th Floor, Building 303, Chegongmiao, Futian District, Shenzhen, CHN, 518000

Website

http://www.szby.cn

Shen Zhen Bauing Construction Holding Group Co Ltd is a decoration enterprise in China's architectural decoration industry. It is engaged in the decoration engineering, curtain wall steel structure engineering, integrated intelligent engineering, building fire engineering, mechanical and electrical installation engineering, security technology engineering, metal door and window engineering, exhibition engineering and medical equipment engineering, providing professional design, construction, and integrated solutions and contract management services. The company undertakes public cultural engineering, hotel projects, airport subway project, hospital renovation project, smart home engineering, and other projects.

Executives

Ceng Zhi	Executives
Hu Lan Ping	Supervisors
Gu Shao Bo	Directors, executives
Wen Lin Shu	Executives
Liu Rong Xian	Supervisors
He Shi Zhong	Director
Huang Jian	Executives
Ou Yang Ming	Director

Shen Zhen Bauing Construction Holding Group Co (SZSE:002047) Headlines

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