Impro Precision Industries (HKSE:01286) Momentum Rank : 6 (As of May. 06, 2025)

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What is Impro Precision Industries Momentum Rank?

Impro Precision Industries has the Momentum Rank of 6.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Impro Precision Industries's Momentum Rank

For the Specialty Industrial Machinery subindustry, Impro Precision Industries'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.

Impro Precision Industries's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Impro Precision Industries's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Impro Precision Industries's Momentum Rank falls into.

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Impro Precision Industries Momentum Rank Related Terms

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Impro Precision Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Impro Precision Industries Ltd (HKSE:01286) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, Unit 803, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.improprecision.com

Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. The company's geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.

Executives

Lu Ruibo	2202 Interest of your spouse
Wang Hui Ina	2101 Beneficial owner
Impro Development Limited	2101 Beneficial owner
Baring Private Equity Asia Gp V Limited	2201 Interest of corporation controlled by you
Baring Private Equity Asia Gp V, L.p.	2201 Interest of corporation controlled by you
Baring Private Equity Asia V Holding (2) Limited	2101 Beneficial owner
Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Casting Holdings Limited	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Salata Jean Eric	2201 Interest of corporation controlled by you
The Baring Asia Private Equity Fund V, L.p.	2201 Interest of corporation controlled by you
China General Technology (group) Holding Company Limited	2201 Interest of corporation controlled by you
Genertec Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Gt Cedar Capital (hong Kong) Limited	2101 Beneficial owner

Impro Precision Industries Headlines

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