Yankuang Energy Group Co (Yankuang Energy Group Co) Momentum Rank : 9 (As of Apr. 26, 2024)

View and export this data going back to 1998. Start your Free Trial

What is Yankuang Energy Group Co Momentum Rank?

Yankuang Energy Group Co has the Momentum Rank of 9.

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 Yankuang Energy Group Co's Momentum Rank

For the Thermal Coal subindustry, Yankuang Energy 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.

Yankuang Energy Group Co's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yankuang Energy Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Yankuang Energy Group Co's Momentum Rank falls into.

Yankuang Energy Group Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Yankuang Energy Group Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Yankuang Energy Group Co (Yankuang Energy Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Yankuang Energy Group Co Ltd (OTCPK:YZCAY) » Definitions » Momentum Rank

Traded in Other Exchanges

YZCHF:USA 01171:Hong Kong YZCA:Germany 600188:China

Address

949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500

Website

http://www.yanzhoucoal.com.cn

Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.

Yankuang Energy Group Co (Yankuang Energy Group Co) Headlines

From GuruFocus

6 International Dividend Stocks You Need To Look Into

By Intelligent Speculator Intelligent Speculator • 09-20-2012

Looking For An International Dividend Treasure

By Intelligent Speculator Intelligent Speculator • 09-26-2012