GUOSF (Guotai Haitong Securities Co) Momentum Rank : 3 (As of Apr. 10, 2025)

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What is Guotai Haitong Securities Co Momentum Rank?

Guotai Haitong Securities Co has the Momentum Rank of 3.

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 Guotai Haitong Securities Co's Momentum Rank

For the Capital Markets subindustry, Guotai Haitong Securities 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.

Guotai Haitong Securities Co's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guotai Haitong Securities Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guotai Haitong Securities Co's Momentum Rank falls into.

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Guotai Haitong Securities Co Momentum Rank Related Terms

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Guotai Haitong Securities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guotai Haitong Securities Co Ltd (OTCPK:GUOSF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

02611:Hong Kong 153A:Germany 601211:China

Address

No. 768 Nanjing West Road, Guotai Junan Mansion, Jingan District, Shanghai, CHN, 200041

Website

https://www.gtja.com

Guotai Junan Securities Co Ltd is engaged in providing brokerage services, corporate finance, asset management services, and loans and financing services. Its segments include wealth management, investment banking, institutional and trading, investment management, international business and other segments. The company derives most of its revenue from the institutional and trading segment which consists of research, institutional brokerage, trading and investment; and equity investment.

Guotai Haitong Securities Co Headlines

From GuruFocus

New Progress in the Merger of Guotai Junan and Haitong Securities

By ACN Newswire • 11-24-2024