China YuHua Education (HKSE:06169) Momentum Rank : 8 (As of May. 06, 2024)

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What is China YuHua Education Momentum Rank?

China YuHua Education has the Momentum Rank of 8.

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 China YuHua Education's Momentum Rank

For the Education & Training Services subindustry, China YuHua Education'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.

China YuHua Education's Momentum Rank Distribution in the Education Industry

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

* The bar in red indicates where China YuHua Education's Momentum Rank falls into.

China YuHua Education Momentum Rank Related Terms

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China YuHua Education (HKSE:06169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China YuHua Education Corp Ltd (HKSE:06169) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

2YU:Germany

Address

3 Mazhuang Street, No. 21, 4th Floor, Block 10, Zhengdong New District, Zhengzhou, CHN

Website

http://www.yuhuachina.com

China YuHua Education is a leading private education provider based in Henan, China. It currently offers higher education and secondary education after the deconsolidation of K-9 schools in 2021. YuHua operates 10 schools across mainland China and overseas as of August 2023. Total enrolled students reached 125,631 as of February 2023, ranking fourth among listed private higher education providers in China.

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