China Kings Resources Group Co (SHSE:603505) Momentum Rank : 1 (As of Mar. 24, 2025)

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What is China Kings Resources Group Co Momentum Rank?

China Kings Resources Group Co has the Momentum Rank of 1.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of China Kings Resources Group Co's Momentum Rank

For the Other Industrial Metals & Mining subindustry, China Kings Resources 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.

China Kings Resources Group Co's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Kings Resources Group Co's Momentum Rank distribution charts can be found below:

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

China Kings Resources Group Co Momentum Rank Related Terms

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China Kings Resources Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Kings Resources Group Co Ltd (SHSE:603505) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 8 Qiushi Road, Room 2301, South Building, Gongyuan Building, Anno Domini Mansion, Zhejiang Province, Hangzhou, CHN, 310013

Website

http://www.chinesekings.com

China Kings Resources Group Co Ltd is a Chinese company involved in the production and trade of fluorite products. It offers acid grade fluorite fine powder, metallurgical grade fluorite fine powder, high-grade fluorite lump ore and common fluorite ore.

Executives

Su Bao Gang	senior management
Cheng Hui Fang	Director
Wang Jin Hua	Director
Ying Li Ming	Director
Dai Shui Jun	senior management
Zhao Jian Ping	Director
Xu Chun Bo	senior management
Yang Jin	senior management
Wang Zhong Yan	Supervisors
Wu Ling Yi	senior management
Song Ying	Director
Wang Cheng Liang	Director
Hu Xiang Ming	senior management
Wang Fu Liang	Director
Shen Le Ping	Director

China Kings Resources Group Co Headlines

No Headlines