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Beijing eGova Co (SZSE:300075) Momentum Rank : 1 (As of May. 29, 2024)


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What is Beijing eGova Co Momentum Rank?

Beijing eGova 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 eGova Co's Momentum Rank

For the Software - Application subindustry, Beijing eGova 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 eGova Co's Momentum Rank Distribution in the Software Industry

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

* The bar in red indicates where Beijing eGova Co's Momentum Rank falls into.



Beijing eGova Co Momentum Rank Related Terms

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Beijing eGova Co (SZSE:300075) Business Description

Traded in Other Exchanges
N/A
Address
No 42 Xizhimen Energy Building North Street, 8th Floor Block A, Haidian, Beijing, CHN, 100082
Beijing eGova Co Ltd is a high-tech software company. It provides solutions in the digital city management, innovation and social management, intelligent transportation, and safe city fields in China. The company offers digital city management software and a grid of social service management systems; digital law enforcement management software and systems; three-dimensional imaging and mobile road measurement systems.
Executives
Wu Qiang Hua Director
Wang Hong Shen Directors, executives
Wang Dong Directors, executives
Hu Huan Yu Director
Yin Xiao Min Executives
Zhu Hua Directors, executives
Xu Fei Supervisors, securities affairs representatives
Qiu Lu Min Directors, executives
Liu Xian Lin Independent director
Li Guo Zhong Director
Xu Xin Directors, executives
Zhang Lei Supervisors

Beijing eGova Co (SZSE:300075) Headlines

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