Jiangsunfame Polyester Material Co (SHSE:600370) Momentum Rank : 7 (As of May. 04, 2025)

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What is Jiangsunfame Polyester Material Co Momentum Rank?

Jiangsunfame Polyester Material Co has the Momentum Rank of 7.

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 Jiangsunfame Polyester Material Co's Momentum Rank

For the Textile Manufacturing subindustry, Jiangsunfame Polyester Material 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.

Jiangsunfame Polyester Material Co's Momentum Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsunfame Polyester Material Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangsunfame Polyester Material Co's Momentum Rank falls into.

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Jiangsunfame Polyester Material Co Momentum Rank Related Terms

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Jiangsunfame Polyester Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jiangsu Sanfame Polyester Material Co Ltd (SHSE:600370) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Sanfangxiang Village, Zhouzhuang Town, Jiangsu Province, Jiangyin, CHN, 214423

Website

http://www.jssfx.com

Jiangsu Sanfame Polyester Material Co Ltd formerly Jiangsu Sanfame Co Ltd is engaged in the production and trade of chemical fibres, polyester, and textile.

Executives

Xue Zheng Hui	Director
Sun Zhi Ming	Supervisors
Li Yi Feng	Director
Bian Yong Gang	Director
He Shi Hui	Director
Bian Hui Liang	senior management
Shu De Bao	senior management
Bian Ping Gang	Director
Bian Guo Hong	Supervisors
Bian Lin An	Director
Bian Fu Hou	Director
Liu Gang	Director
Bian Ru Qing	Supervisors

Jiangsunfame Polyester Material Co Headlines

No Headlines