Flower King Eco-Engineering (SHSE:603007) Momentum Rank : 3 (As of Jun. 21, 2024)

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What is Flower King Eco-Engineering Momentum Rank?

Flower King Eco-Engineering 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 Flower King Eco-Engineering's Momentum Rank

For the Engineering & Construction subindustry, Flower King Eco-Engineering'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.

Flower King Eco-Engineering's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flower King Eco-Engineering's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Flower King Eco-Engineering's Momentum Rank falls into.

Flower King Eco-Engineering Momentum Rank Related Terms

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Flower King Eco-Engineering (SHSE:603007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Flower King Eco-Engineering Inc (SHSE:603007) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 99 South Second Ring Roa, Jiangsu Province, Danyang, CHN, 212300

Website

http://www.flowersking.com

Flower King Eco-Engineering Inc, formerly Jiangsu Flowers King Horticulture Co Ltd is engaged in landscape design and construction of municipal services, tourist attractions, roads and real estate and other areas.

Executives

Cui Hong Bo	senior management
He Wei Tao	senior management
Xu Xu Sheng	senior management
Xiao Jie Jun	Director
Wei Jian Hong	senior management
Lin Xiao Jun	Director
Gu Jing	senior management
Li Hong Bin	Director
Xiao Jiao Jun	Director

Flower King Eco-Engineering (SHSE:603007) Headlines

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