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Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Momentum Rank : 7 (As of May. 25, 2024)


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What is Nantong Jiangshan Agrochemical & chemicals Co Momentum Rank?

Nantong Jiangshan Agrochemical & chemicals Co has the Momentum Rank of 7.

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 Nantong Jiangshan Agrochemical & chemicals Co's Momentum Rank

For the Agricultural Inputs subindustry, Nantong Jiangshan Agrochemical & chemicals 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.


Nantong Jiangshan Agrochemical & chemicals Co's Momentum Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nantong Jiangshan Agrochemical & chemicals Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Nantong Jiangshan Agrochemical & chemicals Co's Momentum Rank falls into.



Nantong Jiangshan Agrochemical & chemicals Co Momentum Rank Related Terms

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Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Yaogang Road, Nantong, Jiangsu, CHN, 226006
Nantong Jiangshan Agrochemical & chemicals Co Ltd is a China-based company engages in manufacturing, processing, and selling of pesticides, resin, organic, and inorganic chemical. The company's products include pesticides, chlor-alkali, fine chemicals, and thermoelectrics. The main pesticide varieties are glyphosate, dichlorvos, trichlorfon, amide herbicides, prochloraz, chlorothiazide, nitenpyram, chlorpyrifos and other original drugs.
Executives
Liu Wei Dong Director
Xue Jian Director
Du Hui senior management
Pang Zhang Guo senior management
Wang Xu senior management
Meng Zhang Chun Directors, senior managers
Song Jin Hua senior management
Wang Li Directors, senior managers
Shi Jin senior management
Fan Wen Xin Supervisors
Ye Hong Lin senior management
Mao Yun Long Supervisors
Fu Hong Wei senior management
Wang Ming Hua Supervisors
Cai Jian Guo Director

Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Headlines

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