Beijing Join-Cheer Software Co (SZSE:002279) Momentum Rank : 1 (As of May. 25, 2024)

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What is Beijing Join-Cheer Software Co Momentum Rank?

Beijing Join-Cheer Software Co has the Momentum Rank of 1.

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 Beijing Join-Cheer Software Co's Momentum Rank

For the Software - Application subindustry, Beijing Join-Cheer 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.

Beijing Join-Cheer Software Co's Momentum Rank Distribution in the Software Industry

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

* The bar in red indicates where Beijing Join-Cheer Software Co's Momentum Rank falls into.

Beijing Join-Cheer Software Co Momentum Rank Related Terms

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Beijing Join-Cheer Software Co (SZSE:002279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Join-Cheer Software Co Ltd (SZSE:002279) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Da Hui Si Road, Building 3, 3F, Haidian District, Beijing, Beijing, CHN, 100081

Website

http://www.jiuqi.com.cn

Beijing Join-Cheer Software Co Ltd is a management software provider that focuses on providing big data integrated services. The solutions provided by the company include government management and services, long time big data, long time report, and longtime DNA.

Executives

Li Jun	Director
Zhao Fu Jun	Director
Shi Rui Feng	Directors, executives
Wang Hai Xia	Directors, executives
Wang Xin	Director
Qiu An Chao	Directors, executives
Ou Yang Yao	Directors, executives
Ceng Chao	Supervisors
Liu Wen Sheng	Executives
Wang Jin Yan	Supervisors
Zhu Xiao Jun	Executives
Li Kun Qi	Director

Beijing Join-Cheer Software Co (SZSE:002279) Headlines

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