Sinopower Semiconductor (ROCO:6435) Momentum Rank : 5 (As of May. 02, 2025)

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What is Sinopower Semiconductor Momentum Rank?

Sinopower Semiconductor has the Momentum Rank of 5.

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 Sinopower Semiconductor's Momentum Rank

For the Semiconductors subindustry, Sinopower Semiconductor'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.

Sinopower Semiconductor's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sinopower Semiconductor's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sinopower Semiconductor's Momentum Rank falls into.

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Sinopower Semiconductor Momentum Rank Related Terms

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Sinopower Semiconductor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sinopower Semiconductor Inc (ROCO:6435) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dusing 1st Road, 5th Floor, No. 6, Hsinchu Science Park, Hsinchu, TWN, 300096

Website

https://www.sinopowersemi.com

Sinopower Semiconductor Inc is mainly engaged in the research, design, manufacture, and sales of power discrete devices and its modules as well as high voltage power IC and its modules. It has only one reportable operating segment. The majority of revenue is derived from the sale of Power Mosfet IC.

Sinopower Semiconductor Headlines

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