ATA Creativity Global (ATA Creativity Global) Momentum Rank : 2 (As of Apr. 29, 2024)

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What is ATA Creativity Global Momentum Rank?

ATA Creativity Global 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 ATA Creativity Global's Momentum Rank

For the Education & Training Services subindustry, ATA Creativity Global'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.

ATA Creativity Global's Momentum Rank Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, ATA Creativity Global's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ATA Creativity Global's Momentum Rank falls into.

ATA Creativity Global Momentum Rank Related Terms

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ATA Creativity Global (ATA Creativity Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » ATA Creativity Global (NAS:AACG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

3IZ:Germany

Address

No. 39 Dong San Huan Zhong Road, 1st Floor East Gate, Building No. 2, Jian Wai Soho, Chao Yang District, Beijing, CHN, 100022

Website

https://ir.atai.net.cn

ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity. The operating segments are Overseas art study services, Other educational services and K-12 education assessment and other services. Majority of its revenue comes from Overseas art study services.