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CEC Environmental Protection Co (SZSE:300172) Momentum Rank : 6 (As of May. 30, 2024)


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What is CEC Environmental Protection Co Momentum Rank?

CEC Environmental Protection Co has the Momentum Rank of 6.

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 CEC Environmental Protection Co's Momentum Rank

For the Pollution & Treatment Controls subindustry, CEC Environmental Protection 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.


CEC Environmental Protection Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CEC Environmental Protection Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CEC Environmental Protection Co's Momentum Rank falls into.



CEC Environmental Protection Co Momentum Rank Related Terms

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CEC Environmental Protection Co (SZSE:300172) Business Description

Traded in Other Exchanges
N/A
Address
Number 1800, Chengxin Street, Nanjing (Environmental Concentration Zone), Jiangning District, Nanjing, CHN, 211102
CEC Environmental Protection Co Ltd is engaged in the provision of water processing system solutions, water processing equipment system integration and contract construction of related engineering for industrial projects of thermal power, nuclear power, petrochemical, coal chemical, metallurgy and other industries. The company provides condensate polishing, water supply treatment, wastewater treatment, water vapor centralized monitoring and chemical injection lines, industrial flue gas treatment, municipal sludge treatment, municipal sewage treatment and others.
Executives
Yuan Jin Mei Executives
Guo Pei Zhi Executives
Lin Hui Sheng Director
Shu Mei Hong Executives
Zhang Wei Executives
Qiu Jia Yun Securities Affairs Representative
Wang Zheng Fu Director
Wang Jun Jian Supervisors
Zhou Gu Ping Director
Chen Yu Wei Supervisors
Cao Zhi Yong Supervisors
Zhu Lai Song Directors, executives
Qu Peng Executives
Chou Xiang Yang Independent director
Cao Ming Hua Supervisors

CEC Environmental Protection Co (SZSE:300172) Headlines

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