GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Security Co Ltd (SHSE:600654) » Definitions » Momentum Rank

China Security Co (SHSE:600654) Momentum Rank : 3 (As of Dec. 16, 2024)


View and export this data going back to 1990. Start your Free Trial

What is China Security Co Momentum Rank?

China Security Co has the Momentum Rank of 3.

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 China Security Co's Momentum Rank

For the Security & Protection Services subindustry, China Security 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.


China Security Co's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Security Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where China Security Co's Momentum Rank falls into.



China Security Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of China Security Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


China Security Co Business Description

Traded in Other Exchanges
N/A
Address
No.2, South Road, 17th Floor, Block C, Rongke Information Center, Haidian District, Beijing, CHN, 100190
China Security Co Ltd is a professional smart city system integrator and comprehensive security service provider in China. It is involved in system integration and product manufacture. Its domestic business includes Public Safety, Smart Living, Smart Industry, and Smart Integration. Its international business includes Cash Logistics Management, Property Security Service, Electronic Security Service, Guard Security Services, Facility Management Service, and Extended Security Services.
Executives
Qiu Zhong Cheng Director
Fan Zhi Qiang Director
Chen Guo Liang Director
Liu Ren Ren senior management
Chen Guo Yu senior management
Li Jun Director
Zhuang Song Lin Director

China Security Co Headlines

No Headlines