DHC Software Co (SZSE:002065) Momentum Rank : 7 (As of May. 29, 2024)

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What is DHC Software Co Momentum Rank?

DHC Software 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 DHC Software Co's Momentum Rank

For the Software - Application subindustry, DHC Software 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.

DHC Software Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, DHC Software Co's Momentum Rank distribution charts can be found below:

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

DHC Software Co Momentum Rank Related Terms

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DHC Software Co (SZSE:002065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DHC Software Co Ltd (SZSE:002065) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beijing Zijin Digital Park Building 3, 1501, Haidian District, Beijing, CHN, 100190

Website

http://www.dhcc.com.cn

DHC Software Co Ltd is a China-based software enterprise. It offers software and information technology services. The company is principally engaged in providing Application Development and Maintenance (ADM), Computer Information System Integration and other IT-related services in China.

Executives

Guo Hao Zhe	Executives
Xue Xiang Dong	Directors, executives
Hou Zhi Guo	Executives
Dong Guo Yong	Executives
Zheng Xiao Qing	Director
Ruan Jin	Executives
Yang Jian	Directors, Directors, and Executives
Guo Yu Jie	Supervisors
Lin Wen Ping	Executives
Yin Ji Nan	Executives
Liu Zhi Hua	Executives
Huang Xing Guo	Executives
Li Jian Guo	Directors, executives
Ye Li	Executives
Lv Bo	Directors, executives

DHC Software Co (SZSE:002065) Headlines

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