Bank of Jinzhou (HKSE:00416) Momentum Rank : 9 (As of Jun. 23, 2024)

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What is Bank of Jinzhou Momentum Rank?

Bank of Jinzhou 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 Bank of Jinzhou's Momentum Rank

For the Banks - Regional subindustry, Bank of Jinzhou'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.

Bank of Jinzhou's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Jinzhou's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Bank of Jinzhou's Momentum Rank falls into.

Bank of Jinzhou Momentum Rank Related Terms

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Bank of Jinzhou (HKSE:00416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Jinzhou (HKSE:00416) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.jinzhoubank.com

Bank of Jinzhou is a commercial bank in the Liaoning Province. Its operating segments are Corporate banking, Retail banking, Treasury, and others. It offers services such as savings, checking, loans, credit cards, and others. Geographically, the firm operates in China. The bank generates a majority of its revenue from the Corporate banking segment in the form of interests.

Executives

Liao Ning Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Grand Fortune Venture Limited	2101 Beneficial owner
Zhang Yuan	2201 Interest of corporation controlled by you
Xu Zhou Zhong An Kuang Ye Fu Wu You Xian Gong Si	2201 Interest of corporation controlled by you
Chiu Yung	2201 Interest of corporation controlled by you
Ng Ching	2202 Interest of your spouse
Xiang Gang Hua Li You Xian Gong Si	2101 Beneficial owner
Bei Jing Jing Yuan Wan Long Tou Zi Guan Li You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Li Feng	2201 Interest of corporation controlled by you
Wang Xiao Liang	2201 Interest of corporation controlled by you

Bank of Jinzhou (HKSE:00416) Headlines

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