Jiangsu Baoli International Investment Co (SZSE:300135) Momentum Rank : 8 (As of Jun. 01, 2024)

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What is Jiangsu Baoli International Investment Co Momentum Rank?

Jiangsu Baoli International Investment Co 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 Jiangsu Baoli International Investment Co's Momentum Rank

For the Building Materials subindustry, Jiangsu Baoli International Investment 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.

Jiangsu Baoli International Investment Co's Momentum Rank Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jiangsu Baoli International Investment Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangsu Baoli International Investment Co's Momentum Rank falls into.

Jiangsu Baoli International Investment Co Momentum Rank Related Terms

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Jiangsu Baoli International Investment Co (SZSE:300135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Jiangsu Baoli International Investment Co Ltd (SZSE:300135) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Yunting Industrial Park, Jiangyin City, CHN, 214422

Website

http://www.baolijt.cn

Jiangsu Baoli International Investment Co Ltd is a professional production of road asphalt series products. Its modified asphalt products are general type modified asphalt and emulsified asphalt and emulsified asphalt with high iron and airport runway special asphalt, high viscosity modified bitumen, high strength (modulus), high elastic modified asphalt and rubber modified asphalt, liquid petroleum asphalt. The company also sells warehousing, import heavy oil asphalt, and the domestic heavy traffic asphalt.

Executives

Zhou De Hong	Director
Zhou Zi Wei	Directors, executives
Gu Quan Feng	Directors, executives
Chen Yong Qin	Directors, Directors, and Executives
Zhang Yu Ding	Directors, executives
Xu Jian Juan	Director
Wang Hong Bing	Directors, executives
Ding Wei	Supervisors

Jiangsu Baoli International Investment Co (SZSE:300135) Headlines

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