Zhejiang Yasha Decoration Co (SZSE:002375) Momentum Rank : 7 (As of Jun. 05, 2024)

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What is Zhejiang Yasha Decoration Co Momentum Rank?

Zhejiang Yasha Decoration 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 Zhejiang Yasha Decoration Co's Momentum Rank

For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Yasha Decoration 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.

Zhejiang Yasha Decoration Co's Momentum Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiang Yasha Decoration Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Yasha Decoration Co's Momentum Rank falls into.

Zhejiang Yasha Decoration Co Momentum Rank Related Terms

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Zhejiang Yasha Decoration Co (SZSE:002375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Yasha Decoration Co Ltd (SZSE:002375) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

99 Shaxiu Road, Block A, Yaxia Center, Xihu District, Hangzhou, CHN, 310008

Website

http://www.chinayasha.com

Zhejiang Yasha Decoration Co Ltd is engaged in the Chinese architectural decoration industry. It is focused on the interior and exterior decoration, curtain wall, design, and construction, as well as landscaping, mechanical and electrical installation, building intellectualization, stone processing, and so on. The business scope of the company includes designing and decorating high-end hotels, large public buildings, high-end residential buildings, airport, transport station, commercial complex, bank and financial institution, hospital, art and culture center, and others.

Executives

Sun Hua Feng	Executives
Wang Wen Guang	Director
Ding Ze Cheng	Director
Ding Xin Xin	Director
Dai Yi Jun	Directors, Directors, and Executives
Wang Zhen	Supervisors
Zhang Wei	Directors, executives
Yan Wei Qun	Executives
Shen Zhi Neng	Executives
Li Sheng Rong	Executives
Ding Hai Fu	Director
Zhang Jian Fu	Executives
Yu Shu	Directors, executives
Zhang Xing Juan	Director
Yu Zheng Yang	Executives

Zhejiang Yasha Decoration Co (SZSE:002375) Headlines

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