Titan Invo Technology (HKSE:00872) Momentum Rank : 0 (As of Jun. 11, 2024)

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What is Titan Invo Technology Momentum Rank?

Titan Invo Technology has the Momentum Rank of 0.

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.

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Titan Invo Technology (HKSE:00872) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Titan Invo Technology Ltd (HKSE:00872) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Zhongguancun East Road, 19th Floor, Block B, Science and Technology Building, Tsinghua Science and Technology Park, Haidian District, Beijing, CHN

Website

http://www.tus-i.com

Titan Invo Technology Ltd formerly TUS International Ltd is principally engaged in research and development, production and sales of automotive driving assistance system (ADAS) and automotive-grade wireless connectivity modules. Its operating segments are Automotive-grade wireless connectivity business which involves the research and development and sales of automotive-grade wireless connectivity modules in Europe, the United States and the Asia Pacific region, and the ADAS products segment which consists of the research and development, production and sales of ADAS products and software algorithm products in the PRC. The company operates in the PRC, Europe, the United States, and Asia pacific.

Executives

Si Chuan Sheng Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Ma Chi Kong Karl	2101 Beneficial owner
Wang Jiwu	2201 Interest of corporation controlled by you
Qing Hua Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Hua Da Xue	2201 Interest of corporation controlled by you
Bei Jing Bai Jun Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Tus-holdings Co., Ltd.
Tuspark Venture Investment Ltd
Wang Jiwu
Shen Xiao
Yi Zhuang Guo Ji Kong Gu Xiang Gang You Xian Gong Si
Bei Jing Yi Zhuang Guo Ji Tou Zi Fa Zhan You Xian Gong Si

Titan Invo Technology (HKSE:00872) Headlines

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