Ji Yao Holding Group Co (SZSE:300108) Momentum Rank : 1 (As of Jun. 08, 2024)

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What is Ji Yao Holding Group Co Momentum Rank?

Ji Yao Holding Group 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 Ji Yao Holding Group Co's Momentum Rank

For the Pharmaceutical Retailers subindustry, Ji Yao Holding 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.

Ji Yao Holding Group Co's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ji Yao Holding Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ji Yao Holding Group Co's Momentum Rank falls into.

Ji Yao Holding Group Co Momentum Rank Related Terms

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Ji Yao Holding Group Co (SZSE:300108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ji Yao Holding Group Co Ltd (SZSE:300108) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 6, Huancheng North Road, Jilin Province, Meihekou, CHN, 135000

Website

http://www.jiyaogroup.com

Ji Yao Holding Group Co Ltd is a China based company involved in the pharmaceutical industry. It offers Chinese and Western medicines in the areas of pediatrics, phlegm and cough, gynecology, cardiovascular and cerebrovascular, antiviral, urinary, anti-inflammatory, gastrointestinal, tonic class, and rheumatoid immunity.

Executives

You Ke Li	Executives
Xin Da Cheng	Executives
Lu Zhong Kui	Director
Liu Long	Executives
Wang De Heng	Directors, executives
Zhang Liang	Directors, Directors, and Executives
Sun Jun	Directors, executives
Zhang Xin Qiang	Director

Ji Yao Holding Group Co (SZSE:300108) Headlines

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