Yida China Holdings (STU:YC2) Momentum Rank : 10 (As of Jun. 23, 2024)

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What is Yida China Holdings Momentum Rank?

Yida China Holdings 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 Yida China Holdings's Momentum Rank

For the Real Estate - Development subindustry, Yida China Holdings'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.

Yida China Holdings's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yida China Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Yida China Holdings's Momentum Rank falls into.

Yida China Holdings Momentum Rank Related Terms

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Yida China Holdings (STU:YC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yida China Holdings Ltd (STU:YC2) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 8, Fuyou Road, 5th Floor, People’s Insurance Mansion, Huangpu District, Shanghai, CHN

Website

http://www.yidachina.com

Yida China Holdings Ltd is an investment holding company. Its main business involves business park development and operation, residential properties within and outside business parks and office properties sales, business park entrusted operation and management, construction, decoration and landscaping services, and property management service. The company operates in five business segments; the property development segment, the property investment segment, the business park operation and management segment, the construction, decoration, and landscaping segment, and, other segment. The company derives its revenue from the Property development segment in Mainland China.

Yida China Holdings (STU:YC2) Headlines

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