Vats Liquor Chain Store Management JSC (SZSE:300755) Momentum Rank : 10 (As of Jun. 08, 2024)

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What is Vats Liquor Chain Store Management JSC Momentum Rank?

Vats Liquor Chain Store Management JSC has the Momentum Rank of 10.

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 Vats Liquor Chain Store Management JSC's Momentum Rank

For the Beverages - Wineries & Distilleries subindustry, Vats Liquor Chain Store Management JSC'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.

Vats Liquor Chain Store Management JSC's Momentum Rank Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vats Liquor Chain Store Management JSC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Vats Liquor Chain Store Management JSC's Momentum Rank falls into.

Vats Liquor Chain Store Management JSC Momentum Rank Related Terms

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Vats Liquor Chain Store Management JSC (SZSE:300755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vats Liquor Chain Store Management JSC Ltd (SZSE:300755) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Central District of Shangri-La Economic Development Zone, Yunnan Province, Diqing Tibetan Autonomous Prefecture, CHN, 100062

Website

http://www.vatsliquor.com

Vats Liquor Chain Store Management JSC Ltd is engaged in distribution of wines such as feitian maotai, maotai aged wine and ordinary wuliangye.

Executives

Yang Wu Yong	Directors, executives
Yang Qiang	Executives
Peng Yu Qing	Director
Liang Fang Bin	Directors, executives
Li Wei	Directors, executives
Zhang Jing	Supervisors
Lei Guang Yong	Independent director
Huang Fei	Executives
Yan Tao	Director

Vats Liquor Chain Store Management JSC (SZSE:300755) Headlines

No Headlines