ZMFY Automobile Glass Services (HKSE:08135) Momentum Rank : 3 (As of Jun. 23, 2024)

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What is ZMFY Automobile Glass Services Momentum Rank?

ZMFY Automobile Glass Services has the Momentum Rank of 3.

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 ZMFY Automobile Glass Services's Momentum Rank

For the Auto Parts subindustry, ZMFY Automobile Glass Services'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.

ZMFY Automobile Glass Services's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZMFY Automobile Glass Services's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ZMFY Automobile Glass Services's Momentum Rank falls into.

ZMFY Automobile Glass Services Momentum Rank Related Terms

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ZMFY Automobile Glass Services (HKSE:08135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ZMFY Automobile Glass Services Ltd (HKSE:08135) » Definitions » Momentum Rank

Comparable Companies

BKK:CPR BOM:532988 HKSE:01930 WAR:HDR NSE:JMA ROCO:8041 NSE:ELGIRUBCO BSP:PLAS3 MIC:ZVEZ TSE:5189

Traded in Other Exchanges

N/A

Address

No.12 Fengbei Road, Fengtai District, Beijing, CHN

Website

http://www.zmfy.com.hk

ZMFY Automobile Glass Services Ltd is an investment holding company. It provides automobile glass installation and repair services for private and public motor vehicles in China. Along with its subsidiaries, the company is engaged in the business segments of Sales of automobile glass with installation and repair services and trading of automobile glass; Provision of installation services of the photovoltaic system; Business consultancy services; and Financial lease services. The group derives key revenue from the Automobile glass business division, and its customers include insurance companies, corporate customers and individual customers.

Executives

Rise Grace Development Limited	2101 Beneficial owner
Hong Man Chu	2202 Interest of your spouse
Lo Chun Yim	2201 Interest of corporation controlled by you
Lu Yu Global Limited	2101 Beneficial owner
Xia Xiufeng	2201 Interest of corporation controlled by you
Xinyi Automobile Glass (bvi) Company Limited	2101 Beneficial owner
Lu Hong	2202 Interest of your spouse
Lu Yongmin	2201 Interest of corporation controlled by you
Yinhe Holding Ltd.	2101 Beneficial owner

ZMFY Automobile Glass Services (HKSE:08135) Headlines

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