Dong Yi Ri Sheng Home Decor Group Co (SZSE:002713) Momentum Rank : 2 (As of Jun. 05, 2024)

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What is Dong Yi Ri Sheng Home Decor Group Co Momentum Rank?

Dong Yi Ri Sheng Home Decor Group Co has the Momentum Rank of 2.

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 Dong Yi Ri Sheng Home Decor Group Co's Momentum Rank

For the Furnishings, Fixtures & Appliances subindustry, Dong Yi Ri Sheng Home Decor Group 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.

Dong Yi Ri Sheng Home Decor Group Co's Momentum Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dong Yi Ri Sheng Home Decor Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Dong Yi Ri Sheng Home Decor Group Co's Momentum Rank falls into.

Dong Yi Ri Sheng Home Decor Group Co Momentum Rank Related Terms

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Dong Yi Ri Sheng Home Decor Group Co (SZSE:002713) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dong Yi Ri Sheng Home Decor Group Co Ltd (SZSE:002713) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 8 Dongdaqiao Road, 310, 3rd Floor, Shangdu International Center, Chaoyang District, Beijing, CHN, 100020

Website

http://www.dyrs.com.cn

Dong Yi Ri Sheng Home Decor Group Co Ltd is a Chinese company engaged in offering residential interior design, construction, main material agents, and self-supporting system of wooden products development model. It offers solutions comprising of household wooden products, ceramic tiles, wallpaper, flooring and sanitary ware. The company uses wood-based production equipment to build a complete production system for household wood products.

Executives

Guan Zhe	Directors, executives
Li Shuang Xia	Directors, executives
Liu Yong	Directors, executives
Li Yong Hong	Supervisors
Xu Jian An	Directors, executives
Chen Hui	Director
Yang Jin	Directors, executives
Mao Zhi Hui	Executives
Sun Hai Long	Directors, executives

Dong Yi Ri Sheng Home Decor Group Co (SZSE:002713) Headlines

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