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Hui Lyu Ecological Technology Groups Co (SZSE:001267) Momentum Rank : 0 (As of Jun. 14, 2024)


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What is Hui Lyu Ecological Technology Groups Co Momentum Rank?

Hui Lyu Ecological Technology Groups Co has the Momentum Rank of 0.

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.

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Hui Lyu Ecological Technology Groups Co (SZSE:001267) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hui Lyu Ecological Technology Groups Co Ltd (SZSE:001267) » Definitions » Momentum Rank
Comparable Companies
SZSE:002047 SHSE:600512 SZSE:000779 SZSE:000886 SZSE:300983 SHSE:605289 SZSE:000010 SHSE:600853 SHSE:603959 SZSE:301136 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XPAR:EN
Traded in Other Exchanges
N/A
Address
No. 779-805, Zhongshan Avenue, Jianghan District, Hubei Province, Wuhan, CHN, 430060
Website
Huilv Ecological Technology Group Co Ltd is engaged in the garden engineering construction, garden landscape design and seedling planting and others.
Executives
Jin Xiao Chuan Director
Yan Qi Directors, Directors, and Executives
Liu Bin Directors, executives
Li Xiao Wei Directors, executives
Shi Lei Director
Li Yan Executives

Hui Lyu Ecological Technology Groups Co (SZSE:001267) Headlines

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