Sichuan Road & Bridge Co (SHSE:600039) Momentum Rank : 4 (As of Dec. 11, 2024)

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What is Sichuan Road & Bridge Co Momentum Rank?

Sichuan Road & Bridge Co has the Momentum Rank of 4.

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 Sichuan Road & Bridge Co's Momentum Rank

For the Engineering & Construction subindustry, Sichuan Road & Bridge Co'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.

Sichuan Road & Bridge Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Road & Bridge Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sichuan Road & Bridge Co's Momentum Rank falls into.

Sichuan Road & Bridge Co Momentum Rank Related Terms

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Sichuan Road & Bridge Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Road & Bridge Co Ltd (SHSE:600039) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11 Gao Peng Avenue, No. F-59, Science & Technology Industrial Park, High-Tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

http://www.scrbc.com.cn

Sichuan Road & Bridge Co Ltd is a China-based company engaged in the investigation, design, construction, conservation, and management of highways.

Executives

Huang Wei	Supervisors
Zhu Nian Hong	Director
Zhou Yong	senior management
Zhang Hang Chuan	senior management
Hu Yuan Hua	Director
Li Ji Dong	senior management
Wang Chuan Fu	senior management
Zhang Jian Ming	senior management
Gan Hong	Director
Long Yong	senior management
Feng Qiang Lin	senior management
Yang Ru Gang	Director
Wang Zhong Lin	senior management
Liu De Yong	senior management
Lu Wei	senior management

Sichuan Road & Bridge Co Headlines

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