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China CGame (China CGame) Momentum Rank : 0 (As of May. 27, 2024)


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What is China CGame Momentum Rank?

China CGame has the Momentum Rank of 0.

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.

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China CGame (China CGame) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China CGame Inc (OTCPK:CCGM) » Definitions » Momentum Rank
Comparable Companies
WAR:TME BOM:512535 BOM:531339 BOM:519331 BOM:508961 BOM:531784 BOM:513575 WAR:VIA WAR:ITB BOM:531444 BOM:533048 BOM:526839 BOM:504960 BOM:513648 XCNQ:FNAU BOM:506016 WAR:NIN BOM:540570 BOM:534567 BOM:508860
Traded in Other Exchanges
N/A
Address
Research Building, No.801 Wuzhong Road, Changzhou Science and Education Industrial Park, Wujin District, Changzhou, Jiangsu, CHN, 213164
Website
http://www.chinacgame.com
China CGame Inc through its subsidiaries, is engaged in the design, manufacturing, installation and maintenance of structural glass and light structure building systems in China, Australia, southeast Asia, the Middle East, and the United States.
Executives
G Michael Bennett officer: Vice President of Finance 4/F, NO. 3 JINYUAN ROAD, DAXING DISTRICT INDUSTRIAL DEVELOPMENT A, BEIJING F4 102600

China CGame (China CGame) Headlines

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