Wangfujing Group Co (SHSE:600859) Momentum Rank : 7 (As of Dec. 15, 2024)

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What is Wangfujing Group Co Momentum Rank?

Wangfujing Group Co has the Momentum Rank of 7.

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 Wangfujing Group Co's Momentum Rank

For the Department Stores subindustry, Wangfujing Group 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.

Wangfujing Group Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wangfujing Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wangfujing Group Co's Momentum Rank falls into.

Wangfujing Group Co Momentum Rank Related Terms

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Wangfujing Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wangfujing Group Co Ltd (SHSE:600859) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 251-253 Wangfujing Avenue, Dongcheng District, Beijing, Beijing, CHN, 100006

Website

http://www.wfj.com.cn

Wangfujing Group Co Ltd is engaged in the development of the retailing business. It owns and operates department stores in Beijing. Wangfujing's retail network covers seven economic regions in South China, Southwest China, Central China, Northwest China, North China, Northeast China, and East China.

Executives

Li Jie	Director
Liu Bing	Director
Guo Zhi Gang	senior management
Liu Yu Lan	Director
Zheng Wan He	Director
Ding Ya Li	Supervisors

Wangfujing Group Co Headlines

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