Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Momentum Rank : 4 (As of May. 25, 2024)

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What is Guizhou Transportation Planning Survey & Design Academe Co Momentum Rank?

Guizhou Transportation Planning Survey & Design Academe Co has the Momentum Rank of 4.

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 Guizhou Transportation Planning Survey & Design Academe Co's Momentum Rank

For the Engineering & Construction subindustry, Guizhou Transportation Planning Survey & Design Academe 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.

Guizhou Transportation Planning Survey & Design Academe Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guizhou Transportation Planning Survey & Design Academe Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guizhou Transportation Planning Survey & Design Academe Co's Momentum Rank falls into.

Guizhou Transportation Planning Survey & Design Academe Co Momentum Rank Related Terms

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Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guizhou Transportation Planning Survey & Design Academe Co Ltd (SHSE:603458) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Guiyang National High-tech Industrial Development Zone, No. 100, Yangguan Avenue, Guizhou Province, Guiyang, CHN, 550081

Website

http://www.gzjtsjy.com

Guizhou Transportation Planning Survey & Design Academe Co Ltd is an engineering consulting and contracting company. It mainly provides survey, design, consulting, test and inspection, supervision, construction, general contracting and other projects in the fields of highways, bridges, tunnels, geotechnical, electromechanical, municipal, construction, port and waterway.

Executives

Huang Guo Jian	Directors, senior managers
Yang Jian	senior management
Li Ying Hong	senior management

Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Headlines

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