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CD International Enterprises (CD International Enterprises) Momentum Rank : 0 (As of May. 15, 2024)


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What is CD International Enterprises Momentum Rank?

CD International Enterprises has the Momentum Rank of 0.

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.


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CD International Enterprises (CD International Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
1333 South University Drive, Suite 202, Plantation, FL, USA, 33342
CD International Enterprises Inc is the United States based company that sources and distributes industrial products in China and the Americas. The company also provides business and management consulting services to public and private American and Chinese businesses. It operates in two identifiable segments - Trading and Consulting. The Trading segment is engaged in sources and distribution of industrial commodities from North and South America for ultimate distribution in China. The Consulting segment provides business and management consulting services to the United States public companies that operate primarily in China.
Executives
Adam C Wasserman director 1643 ROYAL GROVE WAY, WESTON FL 33327
Indrajith Andrew Weeraratne officer: Chief Financial Officer 7135 COLLINS AVE NO.624, MIAMI BEACH FL 33141
Diversifax Inc other: Affiliated Entity LEVEL 11, VEGETABLE BUILDING, INDUSTRIAL PARK OF THE EAST CITY, SHOUGUANG CITY, SHANDONG F4 262700

CD International Enterprises (CD International Enterprises) Headlines