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Beijing Teamsun Technology Co (SHSE:600410) Momentum Rank : 1 (As of Sep. 26, 2024)


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What is Beijing Teamsun Technology Co Momentum Rank?

Beijing Teamsun Technology Co has the Momentum Rank of 1.

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.


Competitive Comparison of Beijing Teamsun Technology Co's Momentum Rank

For the Software - Application subindustry, Beijing Teamsun Technology 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.


Beijing Teamsun Technology Co's Momentum Rank Distribution in the Software Industry

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

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



Beijing Teamsun Technology Co Momentum Rank Related Terms

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Beijing Teamsun Technology Co Business Description

Traded in Other Exchanges
N/A
Address
8 Xueqing Road, 10-11th Floor, Tower A, Technology Fortune Center, Haidian District, Beijing, CHN, 100192
Beijing Teamsun Technology Co Ltd is an integrated IT service provider in China. Teamsun's business direction covers the areas of cloud computing, big data, mobile internet, internet of things, and information security. Its business areas include IT product services, application software development, system integration, value-added distribution and other IT service businesses.
Executives
Wang Wei Hang Director
Shen Long Zhe Director
Cui Yong Director
Zhang Bing Xia senior management
Dai Shuang Zhu senior management
Zhang Yue Ying senior management
Li Wei Director
Liu Qing Tao Director
Yang Qiao Cong senior management
Du Xin senior management
Zhu Hong Xian Director
Chen Chao Hui Director
Ren Xue Ying senior management
Yang Huai senior management
Liu Ya Ling Supervisors

Beijing Teamsun Technology Co Headlines

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