Suntront Technology Co (SZSE:300259) Momentum Rank : 4 (As of May. 27, 2024)

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What is Suntront Technology Co Momentum Rank?

Suntront Technology Co has the Momentum Rank of 4.

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 Suntront Technology Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Suntront 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.

Suntront Technology Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

Suntront Technology Co Momentum Rank Related Terms

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Suntront Technology Co (SZSE:300259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suntront Technology Co Ltd (SZSE:300259) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 252 Hongsong Road, High and New Tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001

Website

http://www.suntront.com

Suntront Technology Co Ltd is a Chinese manufacturer of smart meters. It develops smart meter technologies and solutions for use in the electricity, gas and water utility and distribution industries in China. The product portfolio of the company covers smart water meters, smart heat meters, gas meters, smart energy meters, AMR system, remote devices, and other products.

Executives

Liu Chang	Executives
Xu Wen Liang	Executives
Chang Ming Song	Directors, executives
Li Jian	Director
Liu Sheng Li	Directors, executives
Wang Jun	Director
Fei Zhan Bo	Director
Yang Dong Ling	Director, Securities Affairs Representative
Song Hong Liang	Supervisors
Li Jian Wei	Supervisors
Fei Zhan Jun	Directors, executives
Lin An Xiu	Executives
Wei Dong Lin	Director
Yuan Jin Long	Directors, executives
Zheng Yong Feng	Supervisors

Suntront Technology Co (SZSE:300259) Headlines

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