Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Momentum Rank : 10 (As of Jun. 06, 2024)

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What is Zhejiang Feida Environmental Science & Technology Co Momentum Rank?

Zhejiang Feida Environmental Science & Technology Co has the Momentum Rank of 10.

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 Zhejiang Feida Environmental Science & Technology Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Zhejiang Feida Environmental Science & Technology 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.

Zhejiang Feida Environmental Science & Technology Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Feida Environmental Science & Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Feida Environmental Science & Technology Co's Momentum Rank falls into.

Zhejiang Feida Environmental Science & Technology Co Momentum Rank Related Terms

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Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Feida Environmental Science & Technology Co Ltd (SHSE:600526) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Wangyun Road, Zhuji City, Zhejiang, CHN, 311800

Website

http://www.feida.biz

Zhejiang Feida Environmental Science & Technology Co Ltd is engaged in the business of designing and manufacturing equipment for air quality control. Its business includes Flue gas treatment; Water treatment; Solid Waste treatment; Soil ecological restoration; Cyclic economy industrial park; and Equipment manufacture.

Executives

Wu Quan Ming	Director
Shou Song	senior management
Shu Ying Gang	Director
Shou Zhi Yi	senior management
Zhao Xi Yong	senior management
Wang Jian Bo	Director
Wu Fa Li	senior management
Feng Bao Ming	senior management
Zhao Qin Xia	senior management
Zhong Min Jun	senior management
Zhang Ye	Director
Wang Xin Long	senior management
Xu Ren Liang	senior management
Zhou Ming Liang	senior management
Xu Quan An	senior management

Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Headlines

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