HySum Flexibles Global (SZSE:300501) Momentum Rank : 7 (As of Jun. 06, 2024)

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What is HySum Flexibles Global Momentum Rank?

HySum Flexibles Global 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 HySum Flexibles Global's Momentum Rank

For the Packaging & Containers subindustry, HySum Flexibles Global'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.

HySum Flexibles Global's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, HySum Flexibles Global's Momentum Rank distribution charts can be found below:

* The bar in red indicates where HySum Flexibles Global's Momentum Rank falls into.

HySum Flexibles Global Momentum Rank Related Terms

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HySum Flexibles Global (SZSE:300501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » HySum Flexibles Global Inc (SZSE:300501) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18, Caijiabang Road, Dongjing Town, Songjiang District, Shanghai, CHN, 201103

Website

https://www.haishunpackaging.com

Shanghai Haishun New Pharmaceutical Packaging Co Ltd manufactures & sells pharmaceutical packaging materials, child protective packaging materials, high barrier coating material and special film material. It also provides packaging & decoration printing. Its products include cold stamping composite hard sheets, PTP aluminum foil, and SP Composite film.

Executives

Li Jun	Executives
Lin Wu Hui	Directors, executives
Ni Hai Long	Executives
Lin Xiu Qing	Director
Huang Qin	Directors, executives
Chen Ping	Executives
Ceng Jiang Hong	Independent director

HySum Flexibles Global (SZSE:300501) Headlines

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