Shiyue Daotian Group Co (HKSE:09676) Momentum Rank : 0 (As of May. 28, 2024)

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What is Shiyue Daotian Group Co Momentum Rank?

Shiyue Daotian Group 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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Shiyue Daotian Group Co (HKSE:09676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

2nd Floor, Building A, Yisha Wenxin Plaza, Chaoyang, Beijing, CHN

Website

https://www.shiyuedaotian.com

Shiyue Daotian Group Co Ltd is one of China's leading and rapidly growing pantry staple food companies, enjoying a robust multichannel brand presence. It has been dedicated to providing its consumers with pre-packaged premium rice, whole grain, bean, and dried food products.

Executives

Hsg Growth Vi Holdco Y, Ltd.
Shen Nan Peng
Zhou Kui
Snp China Enterprises Limited
Shenzhen Hongshan Yuechen Investment Partnership (limited Partnership)
Shenzhen Hongshan Yuchen Equity Investment Partnership (limited Partnership)
Shenzhen Hongshan Huanyu Investment Consulting Co., Ltd.
Shenzhen Hongshan Hanchen Equity Investment Partnership (limited Partnership)
Shenzhen Hongshan Antai Equity Investment Partnership (limited Partnership)
Hsg Holding Limited
Hsg Growth Vi Management, L.p.
Cheuk Hiu Kwong
Hongshan Capital Growth Fund Vi, L.p.
Joyous Beats Limited	2201 Interest of corporation controlled by you
Jd.com, Inc.	2201 Interest of corporation controlled by you

Shiyue Daotian Group Co (HKSE:09676) Headlines

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