Jilin Jlu Communication Design Institute Co (SZSE:300597) Momentum Rank : 2 (As of Jun. 13, 2024)

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What is Jilin Jlu Communication Design Institute Co Momentum Rank?

Jilin Jlu Communication Design Institute Co has the Momentum Rank of 2.

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 Jilin Jlu Communication Design Institute Co's Momentum Rank

For the Engineering & Construction subindustry, Jilin Jlu Communication Design Institute 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.

Jilin Jlu Communication Design Institute Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jilin Jlu Communication Design Institute Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jilin Jlu Communication Design Institute Co's Momentum Rank falls into.

Jilin Jlu Communication Design Institute Co Momentum Rank Related Terms

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Jilin Jlu Communication Design Institute Co (SZSE:300597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jilin Jlu Communication Design Institute Co Ltd (SZSE:300597) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Nanhu Xuefu Classic Community, Room 701, Building 9, Chaoyang District, Changchun, CHN, 130012

Website

http://www.jlucdi.com

Jilin Jlu Communication Design Institute Co Ltd is a China based company engaged in consulting, surveying and design of communication engineering projects. Its services include planning, feasibility study, evaluation, scheme design, project proposal, and technical specification. The business areas of the company comprise Service area, Professional scope, and Service object. Its service scope comprises core network, data network, support network, mobile communication, microwave communication, wireless network optimization, optical fiber communication, communication power supply, communication line, communication pipeline, CATV, intelligent building system integration, broadband fiber access, and smart city construction among others.

Executives

Lin Jia Yun	Director
Ma Shu Cai	Directors, executives
Wu Liang Chun	Directors, executives
Zhou Wei	Directors, Directors, and Executives
Xia Xi Gang	Executives
Jin Yi Jing	Executives
Geng Yan	Securities Affairs Representative
Qiao Yuan Zhi	Supervisors
Li Bao Yan	Supervisors

Jilin Jlu Communication Design Institute Co (SZSE:300597) Headlines

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