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Beijing Capital International Airport Co (HKSE:00694) Momentum Rank : 7 (As of Jun. 22, 2024)


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What is Beijing Capital International Airport Co Momentum Rank?

Beijing Capital International Airport Co has the Momentum Rank of 7.

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 Beijing Capital International Airport Co's Momentum Rank

For the Airports & Air Services subindustry, Beijing Capital International Airport 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.


Beijing Capital International Airport Co's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's Momentum Rank falls into.



Beijing Capital International Airport Co Momentum Rank Related Terms

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Beijing Capital International Airport Co (HKSE:00694) Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is primarily engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals.
Executives
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Employees Provident Fund Board 2101 Beneficial owner
Invesco Asset Management Limited 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Causeway Capital Management Llc 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jiang Jinzhi 2201 Interest of corporation controlled by you
Hermes Investment Funds Plc 2101 Beneficial owner
Aberdeen Asset Management Plc And Its Associates 2102 Investment manager

Beijing Capital International Airport Co (HKSE:00694) Headlines

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