Greentown China Holdings (FRA:G7C) Momentum Rank : 9 (As of Dec. 13, 2024)

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What is Greentown China Holdings Momentum Rank?

Greentown China Holdings has the Momentum Rank of 9.

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 Greentown China Holdings's Momentum Rank

For the Real Estate - Development subindustry, Greentown China 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.

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

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

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

Greentown China Holdings Momentum Rank Related Terms

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Greentown China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greentown China Holdings Ltd (FRA:G7C) » Definitions » Momentum Rank

Traded in Other Exchanges

03900:Hong Kong G7C:Germany

Address

No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007

Website

http://www.greentownchina.com

Greentown China Holdings Ltd is a leading quality property developer and an integrated living service provider in China. It maintains a leadership position in the industry by virtue of the quality of its properties, its unique architectural aesthetics, and its customer-centric services. The reporting segments of the Group are as follows: Property development, Hotel operations, Property investment, Project management, and Others. The majority of revenue is derived from the Property development segment.

Greentown China Holdings Headlines

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