Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Momentum Rank : 5 (As of May. 27, 2024)

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What is Jianzhijia Pharmaceutical Chain Group Co Momentum Rank?

Jianzhijia Pharmaceutical Chain Group Co has the Momentum Rank of 5.

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 Jianzhijia Pharmaceutical Chain Group Co's Momentum Rank

For the Pharmaceutical Retailers subindustry, Jianzhijia Pharmaceutical Chain 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.

Jianzhijia Pharmaceutical Chain Group Co's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jianzhijia Pharmaceutical Chain Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jianzhijia Pharmaceutical Chain Group Co's Momentum Rank falls into.

Jianzhijia Pharmaceutical Chain Group Co Momentum Rank Related Terms

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Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jianzhijia Pharmaceutical Chain Group Co Ltd (SHSE:605266) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 10, Qiying Street, Union Street, Panlong District, Yunnan Province, Kunming, CHN, 650224

Website

http://www.jzj.cn

Jianzhijia Pharmaceutical Chain Group Co Ltd is engaged in the retail chain business of health products such as medicines, health foods, personal care products, household health products, convenience foods, and daily consumables and provides related professional services.

Executives

Jin Yu Mei	Supervisors
Chai Zhi Qi	senior management
Shi Yan Chun	senior management
Hu Yu Ming	senior management
Fang Li	Supervisors
Sun Li	Supervisors
Jiang Yan Yin	senior management
Li Heng	Director
Zhang Yun Hong	Director
Wang Yan Ping	Director
Lan Bo	Directors, senior managers
Yan Wen	senior management

Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Headlines

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