Hangzhou Shunwang Technology Co (SZSE:300113) Momentum Rank : 7 (As of May. 26, 2024)

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What is Hangzhou Shunwang Technology Co Momentum Rank?

Hangzhou Shunwang Technology 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 Hangzhou Shunwang Technology Co's Momentum Rank

For the Electronic Gaming & Multimedia subindustry, Hangzhou Shunwang 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.

Hangzhou Shunwang Technology Co's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hangzhou Shunwang Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Hangzhou Shunwang Technology Co's Momentum Rank falls into.

Hangzhou Shunwang Technology Co Momentum Rank Related Terms

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Hangzhou Shunwang Technology Co (SZSE:300113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hangzhou Shunwang Technology Co Ltd (SZSE:300113) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 75, Wenyi West Road, Building 3, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012

Website

http://www.shunwang.com

Hangzhou Shunwang Technology Co Ltd develops and sells Internet entertainment networking platforms. It focuses mainly on internet cafe technology development. It offers IcafeMavin, a software platform for Internet café management; system virtual disk, an operating system solution for diskless Internet cafes; and Game virtual disk, a game virtual service software for Internet cafes, as well as other Internet café integration solutions.

Executives

Li De Hong	Directors, executives
Wu Jian Hua	Executives
Hua Yong	Director
Chen Jian Xiang	Supervisors
Zhang Li	Executives
Fang Jin	Executives
Cai Ying	Securities Affairs Representative
Cheng Chen	Director
Xu Dong	Executives
Yu Qun E	Independent director
Shou Jian Ming	Director
Cao Yi	Executives
Wu Xiao Wei	Executives
Wang Hao	Executives

Hangzhou Shunwang Technology Co (SZSE:300113) Headlines

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