Wanda Film Holding Co (SZSE:002739) Momentum Rank : 4 (As of Dec. 11, 2024)

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What is Wanda Film Holding Co Momentum Rank?

Wanda Film Holding Co has the Momentum Rank of 4.

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 Wanda Film Holding Co's Momentum Rank

For the Entertainment subindustry, Wanda Film Holding 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.

Wanda Film Holding Co's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wanda Film Holding Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wanda Film Holding Co's Momentum Rank falls into.

Wanda Film Holding Co Momentum Rank Related Terms

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Wanda Film Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wanda Film Holding Co Ltd (SZSE:002739) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Laijin Cultural and Creative Industrial Park, CN02 Building, No. 1, Balizhuang Dongli, Chaoyang District, Beijing, CHN, 100025

Website

http://www.wandafilm.com

Wanda Film Holding Co Ltd is engaged in cinema investment and construction, cinema film distribution, cinema film screening and related derivative businesses, film and TV series investment, production and distribution, and online game distribution.

Executives

Yin Xiang Jin	Director
Huang Shuo	Executives
Liu Xiao Bin	Directors, executives
Wang Hui Wu	Secretary, Director
Ceng Mao Jun	Directors, executives
Ceng Guang	Executives
Bo Yi Fei	Executives
Bao Wen	Executives

Wanda Film Holding Co Headlines

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