JNBY Design (JNBY Design) Momentum Rank : 9 (As of Jun. 25, 2024)

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What is JNBY Design Momentum Rank?

JNBY Design has the Momentum Rank of 9.

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 JNBY Design's Momentum Rank

For the Apparel Manufacturing subindustry, JNBY Design'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.

JNBY Design's Momentum Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JNBY Design's Momentum Rank distribution charts can be found below:

* The bar in red indicates where JNBY Design's Momentum Rank falls into.

JNBY Design Momentum Rank Related Terms

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JNBY Design (JNBY Design) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » JNBY Design Ltd (OTCPK:JNBYF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

03306:Hong Kong

Address

No. 398 Tianmushan Road, Building 2-6, OELi, Xihu District, Zhejiang Province, Hangzhou, CHN

Website

https://www.jiangnanbuyigroup.com.cn

JNBY Design Ltd is a designer brand fashion house based in China. The company designs, promote, and sells contemporary apparel, footwear, and accessories for women, men, children, and teenagers as well as household products. Its brand portfolio comprises of JNBY, CROQUIS, jnby by JNBY, less, POMME DE TERRE, and JNBYHOME. The company operates in three segments: Mature Brand, Younger brands, and Emerging brands. Geographically, it generates the majority of the revenue from Mainland China and also from Mature Brand segment.