Guangdong Haid Group Co (SZSE:002311) Momentum Rank : 8 (As of Mar. 26, 2025)

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What is Guangdong Haid Group Co Momentum Rank?

Guangdong Haid Group Co has the Momentum Rank of 8.

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 Guangdong Haid Group Co's Momentum Rank

For the Packaged Foods subindustry, Guangdong Haid 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.

Guangdong Haid Group Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangdong Haid Group Co's Momentum Rank distribution charts can be found below:

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

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Guangdong Haid Group Co Momentum Rank Related Terms

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Guangdong Haid Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guangdong Haid Group Co Ltd (SZSE:002311) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Haid Mansion, No. 42, Road 4, Room 701, Building 2, Panyu District, Wangbo, Nancun Town, Guangzhou, CHN, 511445

Website

https://www.haid.com.cn

Guangdong Haid Group Co Ltd is a China-based company. It is engaged in the production and sale of aquatic, livestock, poultry foodstuffs, animal healthcare products, and seedling. Geographically, it derives a majority of revenue from Southern China and also has a presence in Eastern China, Northern China, Central China, and Overseas.

Executives

Shen Dong	Supervisors
Chen Zhong Zhu	Executives
Mi Guo Cheng	Executives
Liu Guo Xiang	Executives
Jiang Xie Wu	Executives
Cheng Qi	Directors, executives
Qian Xue Qiao	Directors, executives
Huang Zhi Jian	Directors, executives
Lu Jie Wen	Securities Affairs Representative
Yang Shao Lin	Executives
Yang Hua Fang	Securities Affairs Representative
Tian Li	Directors, executives
Qi Zhen Xiong	Supervisors
Xie Ming Quan	Supervisors
Wang Jing	Supervisors

Guangdong Haid Group Co Headlines

No Headlines