China MeiDong Auto Holdings (HKSE:01268) Momentum Rank : 7 (As of May. 02, 2025)

View and export this data going back to 2013. Start your Free Trial

What is China MeiDong Auto Holdings Momentum Rank?

China MeiDong Auto Holdings has the Momentum Rank of 7.

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 China MeiDong Auto Holdings's Momentum Rank

For the Auto & Truck Dealerships subindustry, China MeiDong Auto 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.

China MeiDong Auto Holdings's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China MeiDong Auto Holdings's Momentum Rank distribution charts can be found below:

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

Save Embed

;

Save Embed

;

China MeiDong Auto Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of China MeiDong Auto Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

China MeiDong Auto Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China MeiDong Auto Holdings Ltd (HKSE:01268) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CMEIF:USA 55M:Germany

Address

13th Floor, Unit A1, Huangjin Road, Tian An Tech Industry Building, Nancheng, Guangdong, Dongguan, CHN

Website

http://www.meidongauto.com

China MeiDong Auto Holdings Ltd is an investment holding company, which is engaged in the sale of automobiles and the provision of integrated services. The group operates 4S dealership stores covering world-renowned brands which are popular among Chinese consumers, including BMW, Lexus, Toyota and Hyundai, and others. It derives revenue primarily from the sale of passenger vehicles and by providing after-sales services and geographically all the operations function through the region of China.

Executives

Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Fidelity Funds	2101 Beneficial owner
Brown Brothers Harriman & Co.	2502 Approved lending agent
Aikya Investment Management Limited	2102 Investment manager
Morgan Stanley	2201 Interest of corporation controlled by you
Iq Eq (switzerland) Limited	2301 Trustee
Apex Sail Limited	2101 Beneficial owner
Apex Holdings Enterprises Limited	2201 Interest of corporation controlled by you
Hu Huanran	2202 Interest of your spouse
Ye Fan	2201 Interest of corporation controlled by you
Fiducia Suisse Sa	2301 Trustee
Hill David Henry Christopher	2201 Interest of corporation controlled by you
Krige Dawid	2201 Interest of corporation controlled by you

China MeiDong Auto Holdings Headlines

No Headlines