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AInnovation Technology Group Co (HKSE:02121) Momentum Rank : 2 (As of May. 03, 2025)


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What is AInnovation Technology Group Co Momentum Rank?

AInnovation Technology Group Co has the Momentum Rank of 2.

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 AInnovation Technology Group Co's Momentum Rank

For the Software - Infrastructure subindustry, AInnovation Technology Group 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.


AInnovation Technology Group Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, AInnovation Technology Group Co's Momentum Rank distribution charts can be found below:

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


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AInnovation Technology Group Co Momentum Rank Related Terms

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AInnovation Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 939 Zhenwu Road, Room 501 Block A, Haier International Plaza, Economic Development Zone, Jimo District, Qingdao, Shandong, CHN
AInnovation Technology Group Co Ltd is a enterprise-level AI solution provider and "AI+manufacturing" solution provider in China. The company is using cutting-edge artificial intelligence technology to provide enterprises with AI products and solutions, including AI platforms, algorithms, software and AI-enabled equipment, to improve customer operational efficiency and business value and achieve digital transformation. AInnovation focuses on AI+manufacturing and focuses on building five key business themes of industrial software, digital intelligence software, industrial logistics, intelligent equipment, and industrial sustainability It has developed "MMOC artificial intelligence technology platform" and "AInnoGC industrial large model technology platform" for industry application.
Executives
Xu Hui
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
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