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Lygend Resources & Technology Co has the Momentum Rank of 0.
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.
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Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si | 2102 Investment manager | |
Oakswood Group Ltd | 2201 Interest of corporation controlled by you | |
Lim Shu Hua, Cheryl | 2307 Founder of a discretionary trust who can infl | |
Feng Yi Pte. Ltd. | 2101 Beneficial owner | |
Dbs Trustee Limited | 2301 Trustee | |
China International Capital Corporation Limited | 2201 Interest of corporation controlled by you | |
Ge Lin Mei Gu Fen You Xian Gong Si | ||
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si Dai Gong Yin Rui Xin Tai Hong Hao Dan Yi Zi Chan Gu | ||
Guang Dong Bang Pu Xun Huan Ke Ji You Xian Gong Si | ||
Ning Bo Bang Pu Shi Dai Xin Neng Yuan You Xian Gong Si | ||
Hu Bei Rong Bai Dian Chi San Jiao Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo | ||
Ge Lin Mei Xiang Gang Guo Ji Wu Liu You Xian Gong Si | ||
Guang Fa Zi Guan Rong Bai Dian Chi Dan Yi Zi Chan Guan Li Ji Hua | 2301 Trustee | |
Ning Bo Rong Bai Xin Neng Yuan Ke Ji Gu Fen You Xian Gong Si | ||
Ning Bo Shi Yin Zhou Qu Jin Rong Kong Gu You Xian Gong Si |
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