Center International Group Co (SHSE:603098) Momentum Rank : 7 (As of Dec. 12, 2024)

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What is Center International Group Co Momentum Rank?

Center International 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 Center International Group Co's Momentum Rank

For the Engineering & Construction subindustry, Center International 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.

Center International Group Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Center International Group Co's Momentum Rank distribution charts can be found below:

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

Center International Group Co Momentum Rank Related Terms

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Center International Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Center International Group Co Ltd (SHSE:603098) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 3 Yongchang North Road, Room 8404, Building 3, Economic and Technological Development Zone, Beijing, CHN, 100176

Website

http://www.centerint.com

Center International Group Co Ltd is engaged in design, manufacturing and construction of structural steel buildings in China. Its projects include automobile logistics, petrochemical and among others.

Executives

Chen Jun Chen	senior management
Ye Yuan	senior management
Meng Tuo	Supervisors
Yan Jian	senior management
Jiang Hai Feng	senior management
Weng Jia En	Director
Liu Ai Sen	Director
Chen Wei Lin	senior management
Chen Wen	senior management
Liu De Shun	senior management
Gao Wei	Supervisors
Miao Ze Xian	senior management
Xie Li	Supervisors
Li Gui Ru	Director

Center International Group Co Headlines

No Headlines