Tiand Di Science & Technology Co (SHSE:600582) Momentum Rank : 4 (As of Dec. 13, 2024)

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What is Tiand Di Science & Technology Co Momentum Rank?

Tiand Di Science & Technology Co has the Momentum Rank of 4.

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 Tiand Di Science & Technology Co's Momentum Rank

For the Farm & Heavy Construction Machinery subindustry, Tiand Di Science & 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.

Tiand Di Science & Technology Co's Momentum Rank Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tiand Di Science & Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tiand Di Science & Technology Co's Momentum Rank falls into.

Tiand Di Science & Technology Co Momentum Rank Related Terms

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Tiand Di Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tiand Di Science & Technology Co Ltd (SHSE:600582) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 5 Qing Nian Gou Road, He Ping Avenue, Chaoyang District, Beijing, CHN, 100013

Website

http://www.tdtec.com

Tiand Di Science & Technology Co Ltd is a China-based company. The company's main business includes mine production process automation, mechanization, information equipment development, manufacturing, and system integration; coal washing equipment development and manufacturing and general contracting of the coal preparation plant.

Executives

Min Yong	Supervisors
Wang En Peng	Supervisors
Wei Yong Gang	senior management
Huang Le Ting	senior management
Ning Yu	Director
Song Jia Xing	senior management
Wang Hong	Director
Wang Jin Hua	Director
Fan Bao Ying	Director
Li Yu Kui	Supervisors
Xiao Bao Gui	senior management
Fan Jian	senior management
Yan Shao Hong	senior management
Wu De Zheng	Director
Tang Bao Guo	Supervisors

Tiand Di Science & Technology Co Headlines

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