Yunhong Guixin Group Holdings (HKSE:08349) Momentum Rank : 10 (As of Jun. 23, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Yunhong Guixin Group Holdings Momentum Rank?

Yunhong Guixin Group Holdings has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Yunhong Guixin Group Holdings's Momentum Rank

For the Building Products & Equipment subindustry, Yunhong Guixin Group 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.

Yunhong Guixin Group Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yunhong Guixin Group Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Yunhong Guixin Group Holdings's Momentum Rank falls into.

Yunhong Guixin Group Holdings Momentum Rank Related Terms

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

Yunhong Guixin Group Holdings (HKSE:08349) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yunhong Guixin Group Holdings Ltd (HKSE:08349) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 South Oujiang Road, Haimen ETDZ Nantong, Jiangsu, Haimen, CHN, 226100

Website

http://www.nantongrate.com

Yunhong Guixin Group Holdings Ltd is a manufacturer in the PRC engaged in the research and development, production, and sale of a variety of fiberglass reinforced plastic grating products. Its products consist of FRP grating products; phenolic grating products; and epoxy wedge strip products. The company operates into two segments: fiberglass business that involves research and development, production and sales of fiberglass reinforced plastic products in the PRC; and silica sand business consists sales of industrial silica sand materials in the PRC. Its products are widely applied in industries including petrochemical, electrical, marine engineering, plating, vessel, metallurgy, steel, papermaking, brewing, and municipal industry and are mainly used in the operating platform, and others.

Executives

Huang Xuechao	2101 Beneficial owner
Yan Qixu	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Lf International Pte. Ltd.	2101 Beneficial owner
Wu Dong	2101 Beneficial owner
Yun Hong Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

Yunhong Guixin Group Holdings (HKSE:08349) Headlines

No Headlines