Guangdong CHJ Industry Co (SZSE:002345) Momentum Rank : 10 (As of May. 25, 2024)

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What is Guangdong CHJ Industry Co Momentum Rank?

Guangdong CHJ Industry Co has the Momentum Rank of 10.

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 Guangdong CHJ Industry Co's Momentum Rank

For the Luxury Goods subindustry, Guangdong CHJ 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.

Guangdong CHJ Industry Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Guangdong CHJ Industry Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guangdong CHJ Industry Co's Momentum Rank falls into.

Guangdong CHJ Industry Co Momentum Rank Related Terms

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Guangdong CHJ Industry Co (SZSE:002345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Guangdong CHJ Industry Co Ltd (SZSE:002345) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

4th wave, Long Street, Long New Industrial Zone, Shantou, CHN, 515041

Website

http://www.chjchina.com

Guangdong CHJ Industry Co Ltd is engaged in the design, production, and sale of jewellery. The category includes ring, necklace, pendant, stud earring, earring, bracelet, decoration, and gift. The product types of the company include fashion series, weeding series, childlike, and high order series.

Executives

Liao Chuang Bin	Directors, executives
Xu Jun Xiong	Directors, Directors, and Executives
Lin Bin Sheng	Executives
Zheng Chun Sheng	Supervisors
Lin Jun Ping	Directors, executives
Long Hui Mei	Supervisors
Su Xu Dong	Executives
Jing Li Min	Supervisors
Li Gang	Executives
Liao Mu Zhi	Director
Huang Wen Sheng	Executives
Lin Jing Kun	Supervisors

Guangdong CHJ Industry Co (SZSE:002345) Headlines

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