China Wuyi Co (SZSE:000797) Momentum Rank : 7 (As of May. 27, 2024)

View and export this data going back to 1997. Start your Free Trial

What is China Wuyi Co Momentum Rank?

China Wuyi Co has the Momentum Rank of 7.

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 Wuyi Co's Momentum Rank

For the Real Estate - Development subindustry, China Wuyi 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.

China Wuyi Co's Momentum Rank Distribution in the Real Estate Industry

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

* The bar in red indicates where China Wuyi Co's Momentum Rank falls into.

China Wuyi Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of China Wuyi Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

China Wuyi Co (SZSE:000797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Wuyi Co Ltd (SZSE:000797) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 89, Wusi Road, Hot Spring Street, 4th Floor, Landmark Plaza, Gulou District, Fujian Province, Fuzhou, CHN, 350003

Website

http://www.chinawuyi.com.cn

China Wuyi Co Ltd located in China is engaged in real estate development and the international engineering and contracting business.

Executives

Lin Zeng Zhong	Director
Lei Yun	Independent director
Zhuang Fa Yu	Executives
Zheng Jian Xin	Director
Yu Qing	Executives
Xiao Gao Meng	Executives
Chen Wei	Supervisors
Liu Zhong Yi	Supervisors
Lin Jin Zhu	Executives
Liang Chao	Supervisors, within half a year of separation

China Wuyi Co (SZSE:000797) Headlines

No Headlines