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Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Momentum Rank : 5 (As of May. 31, 2024)


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What is Jiangxi Huangshanghuang Group Food Co Momentum Rank?

Jiangxi Huangshanghuang Group Food Co has the Momentum Rank of 5.

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 Jiangxi Huangshanghuang Group Food Co's Momentum Rank

For the Packaged Foods subindustry, Jiangxi Huangshanghuang Group Food 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.


Jiangxi Huangshanghuang Group Food Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Huangshanghuang Group Food Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangxi Huangshanghuang Group Food Co's Momentum Rank falls into.



Jiangxi Huangshanghuang Group Food Co Momentum Rank Related Terms

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Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Xiaolanzhong Avenue, Xiaolan Economic Development Zone, Nanchang County, Jiangxi, Nanchang City, CHN, 330052
Jiangxi Huangshanghuang Group Food Co Ltd is a food processing enterprise mainly engaged in the processing of livestock and poultry meat products. It offers fresh, packaging, and halogen fresh products, as well as fermented vegetables. Geographically, the activities are carried out through China.
Executives
Ceng Xi Hua Directors, executives
Fan Xu Ming Directors, executives
Wan Ming Qi Securities Affairs Representative
Zhang Qi Wu Directors, executives
Liu Chun Hua Supervisors
Wang Jin Ben Independent director
Xu Gui Fen Director
Yu Fu Xin Independent director

Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Headlines

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