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China Union Holdings (SZSE:000036) Momentum Rank : 4 (As of May. 27, 2024)


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What is China Union Holdings Momentum Rank?

China Union Holdings 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 China Union Holdings's Momentum Rank

For the Real Estate - Development subindustry, China Union Holdings'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.


China Union Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Union Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where China Union Holdings's Momentum Rank falls into.



China Union Holdings Momentum Rank Related Terms

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China Union Holdings (SZSE:000036) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008 Shennan Middle Road, Hualian Building, 11F, Futian District, Shenzhen, Guangdong, CHN, 518031
China Union Holdings Ltd operates in the real estate industry. The business of the company includes real estate development and venture capital. The projects of the company include hualian building, Shanghai Xinhua century park, and China avenue of stars.
Executives
Huang Xin Supervisors
Chen Shan Min Executives
Li Yun Directors, executives
Kong Qing Fu Directors, executives
Su Qin Directors, executives
Zhang Wen Bin Supervisors
Hu Yong Feng Director
Ni Su Qiao Director
Ding Yue Director
Fan Lian Director
Dong Bing Gen Director
Zhang Mei Director
Shen Hua Securities Affairs Representative
Zheng Pi Tong Supervisors

China Union Holdings (SZSE:000036) Headlines

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