DXF (Eason Technology) Momentum Rank : 9 (As of Apr. 10, 2025)

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What is Eason Technology Momentum Rank?

Eason Technology has the Momentum Rank of 9.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Eason Technology's Momentum Rank

For the Credit Services subindustry, Eason Technology'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.

Eason Technology's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Eason Technology's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Eason Technology's Momentum Rank falls into.

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Eason Technology Momentum Rank Related Terms

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Eason Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Eason Technology Ltd (AMEX:DXF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Xu Dong Street, 27th Floor, LianFa International Building, Wuchang District, Hubei Province, Wuhan, CHN, 430063

Website

http://www.hbctxed.com

Eason Technology Ltd Formerly Dunxin Financial Holdings Ltd is engaged in the business of providing loan facilities to micro, small, and medium-sized enterprises and sole proprietors in the Hubei province of the People's Republic of China. It serves family-run businesses, farmers, and individual borrowers. Some of its loan products include Consumer Loans; Commercial Loans; Collateral-Backed Loans; Enterprise Loans, and others.

Executives

Capital Management Shah

10 percent owner

8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615