New JCM Group Co (SZSE:300157) Momentum Rank : 10 (As of May. 26, 2024)

View and export this data going back to 2011. Start your Free Trial

What is New JCM Group Co Momentum Rank?

New JCM Group Co has the Momentum Rank of 10.

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 New JCM Group Co's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, New JCM 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.

New JCM Group Co's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New JCM Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where New JCM Group Co's Momentum Rank falls into.

New JCM Group Co Momentum Rank Related Terms

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

New JCM Group Co (SZSE:300157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New JCM Group Co Ltd (SZSE:300157) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengxiu Middle Road, Room 401, Building 4, No. 3, Haidian, Beijing, CHN, 100094

Website

http://www.ldocean.com.cn

New JCM Group Co Ltd Formerly LandOcean Group Ltd provides technology services for petroleum and natural gas exploration and development.

Executives

Liu Hong	Supervisors
Liu Hui Zeng	Executives
Yang Hua Feng	Executives
Sun Geng Wen	Director
Qu Guang Sheng	Director
Ye Jin Xing	Independent director
Chen Shu Lin	Executives
Xie Gui Sheng	Executives
Tang Cheng Feng	Directors, executives
Yang Qian	Executives
Deng Lin	Directors, executives
Shen Chao	Directors, executives
Chen Yu	Independent director
Mou Shu Ling	Independent director
Qin Gang Ping	Executives

New JCM Group Co (SZSE:300157) Headlines

No Headlines