Huaxin Cement Co (HKSE:06655) Momentum Rank : 0 (As of Jun. 20, 2024)

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What is Huaxin Cement Co Momentum Rank?

Huaxin Cement Co has the Momentum Rank of 0.

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.

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Huaxin Cement Co (HKSE:06655) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaxin Cement Co Ltd (HKSE:06655) » Definitions » Momentum Rank

Traded in Other Exchanges

600801:China

Address

No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073

Website

https://www.huaxincem.com

Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.

Executives

Holcim Ltd	2201 Interest of corporation controlled by you
Holchin B.v.	2101 Beneficial owner
Holderfin B.v.	2201 Interest of corporation controlled by you
China Conch Venture Holdings (hk) Limited
China Conch Venture Holdings International Limited
Conch International Holdings (hk) Limited
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si
An Hui Hai Chuang Xin Xing Jie Neng Jian Zhu Cai Liao You Xian Ze Ren Gong Si

Huaxin Cement Co (HKSE:06655) Headlines

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