Insigma Technology Co (SHSE:600797) Momentum Rank : 5 (As of Jun. 23, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Insigma Technology Co Momentum Rank?

Insigma Technology Co has the Momentum Rank of 5.

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 Insigma Technology Co's Momentum Rank

For the Information Technology Services subindustry, Insigma 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.

Insigma Technology Co's Momentum Rank Distribution in the Software Industry

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

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

Insigma Technology Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Insigma Technology Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Insigma Technology Co (SHSE:600797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Insigma Technology Co Ltd (SHSE:600797) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007

Website

http://www.insigma.com.cn

Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.

Executives

Zhou Bo	senior management
Pan Li Chun	Director
Shen Yue	Director
Shi Lie	Director
Chen Jian	Director
Chen Rui	Director
Jiang Yi	senior management
Dong Dan Qing	senior management
Xie Wei	senior management
Xu Ke Fei	senior management
Wu Ying Yan	senior management
Zhao Jian	Director
Zhong Ming Bo	Director
Yang Xiao Hu	senior management
Chen Chun	Director

Insigma Technology Co (SHSE:600797) Headlines

No Headlines