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Genertec Universal Medical Group Co (Genertec Universal Medical Group Co) Momentum Rank : 10 (As of Jun. 23, 2024)


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What is Genertec Universal Medical Group Co Momentum Rank?

Genertec Universal Medical Group Co 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 Genertec Universal Medical Group Co's Momentum Rank

For the Credit Services subindustry, Genertec Universal Medical 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.

Genertec Universal Medical Group Co's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Genertec Universal Medical Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Genertec Universal Medical Group Co's Momentum Rank falls into.


Genertec Universal Medical Group Co Momentum Rank Related Terms

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Genertec Universal Medical Group Co (Genertec Universal Medical Group Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Genertec Universal Medical Group Co Ltd (OTCPK:UMTAF) » Definitions » Momentum Rank
Comparable Companies
HKSE:01905 HKSE:00373 HKSE:00086 HKSE:06069 HKSE:02858 HKSE:00900 HKSE:01606 HKSE:03903 HKSE:02003 HKSE:01543 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
02666:Hong Kong
Address
8-1 Chongwenmenwai Street, 4th, 5th and 13th Floor, West Wing of Hademen Plaza, Dongcheng District, Beijing, CHN
Website
https://www.umcare.cn
Genertec Universal Medical Group Co Ltd is principally engaged in providing financing to its customers under finance lease arrangements, the provision of advisory services, the sale of medical equipment as well as leases under operating lease arrangements, and the provision of other services. The Group has two business segments; The finance business comprises direct finance leasing, sale-and-leaseback, factoring, operating leases, and advisory services, and The hospital group business comprises medical services, hospital, and healthcare management, import and export trade, and domestic trade of medical-related goods and life cycle management of equipment assets. Geographically, it derives a majority of its revenue from Mainland China.