GuangdongCA Precision Manufacturing Co (SZSE:300464) Momentum Rank : 1 (As of May. 25, 2024)

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What is GuangdongCA Precision Manufacturing Co Momentum Rank?

GuangdongCA Precision Manufacturing Co has the Momentum Rank of 1.

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 GuangdongCA Precision Manufacturing Co's Momentum Rank

For the Furnishings, Fixtures & Appliances subindustry, GuangdongCA Precision Manufacturing 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.

GuangdongCA Precision Manufacturing Co's Momentum Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, GuangdongCA Precision Manufacturing Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where GuangdongCA Precision Manufacturing Co's Momentum Rank falls into.

GuangdongCA Precision Manufacturing Co Momentum Rank Related Terms

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GuangdongCA Precision Manufacturing Co (SZSE:300464) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong SACA Precision Manufacturing Co Ltd (SZSE:300464) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

7 Industrial Road, Shunde Beijiao Economic Development Zone Industrial Park, Guangdong Province, Shunde, CHN, 528311

Website

http://www.sh-abc.cn

Guangdong SACA Precision Manufacturing Co Ltd is metal connector supplier. Its engaged in manufacturing slides, hinges and other hardware for industries including furniture, electrical equipment, industry, financial equipment, and car.

Executives

Zhu Jia Jia	Director
Chen Hui Yin	Directors, executives
Sun Cai Jin	Director
Bao Wei	Supervisors, securities affairs representatives
Zhang Mei Sheng	Executives
Yang Le	Executives
Yang Ren Zhou	Executives
Zhang Yang	Supervisors
Cai Wen Hua	Director

GuangdongCA Precision Manufacturing Co (SZSE:300464) Headlines

No Headlines