Guanghui Logistics Co (SHSE:600603) Momentum Rank : 6 (As of May. 27, 2024)

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What is Guanghui Logistics Co Momentum Rank?

Guanghui Logistics Co has the Momentum Rank of 6.

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 Guanghui Logistics Co's Momentum Rank

For the Real Estate Services subindustry, Guanghui Logistics 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.

Guanghui Logistics Co's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Guanghui Logistics Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guanghui Logistics Co's Momentum Rank falls into.

Guanghui Logistics Co Momentum Rank Related Terms

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Guanghui Logistics Co (SHSE:600603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Guanghui Logistics Co Ltd (SHSE:600603) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.165 Xinhua North Road, Tianshan District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000

Website

http://xingyefangchan.co.bokee.net

Guanghui Logistics Co Ltd is engaged in the investment, leasing and operation of real estate.

Executives

Song Yan	Director
Li Wen Qiang	Director
Cui Rui Li	senior management
Wang Yu Qin	senior management
Suo Lve	senior management
Meng Ke Liang	Director
Yang Tie Jun	Director
Cao Wei Cang	Supervisors

Guanghui Logistics Co (SHSE:600603) Headlines

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