Yutong Heavy Industries Co (SHSE:600817) Momentum Rank : 10 (As of Dec. 11, 2024)

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What is Yutong Heavy Industries Co Momentum Rank?

Yutong Heavy Industries Co has the Momentum Rank of 10.

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 Yutong Heavy Industries Co's Momentum Rank

For the Farm & Heavy Construction Machinery subindustry, Yutong Heavy Industries 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.

Yutong Heavy Industries Co's Momentum Rank Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Heavy Industries Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Yutong Heavy Industries Co's Momentum Rank falls into.

Yutong Heavy Industries Co Momentum Rank Related Terms

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Yutong Heavy Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Heavy Industries Co Ltd (SHSE:600817) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000

Website

http://www.yutongzg.com

Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.

Executives

Zhang Zhe	Director
Dai Ling Mei	Directors, senior managers
Wang Dong Xin	Director
Wang Xue Min	Director
Xu Li	Supervisors
Ma Shu Heng	Director
Zhang Xiao Jun	senior management
Hu Feng Ju	senior management
Sun Ke	Supervisors
Meng Qing Yi	Supervisors
Chu Xin Jian	Directors, senior managers
Cao Zhong Yan	Director
Wang Xiao Fei	Director
Cao Jian Wei	Director
Liang Mu Jin	Directors, senior managers

Yutong Heavy Industries Co Headlines

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