Guangdong DFP New Material Group Co (SHSE:601515) Momentum Rank : 2 (As of Dec. 14, 2024)

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What is Guangdong DFP New Material Group Co Momentum Rank?

Guangdong DFP New Material Group Co has the Momentum Rank of 2.

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 Guangdong DFP New Material Group Co's Momentum Rank

For the Packaging & Containers subindustry, Guangdong DFP New Material Group 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.

Guangdong DFP New Material Group Co's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Guangdong DFP New Material Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guangdong DFP New Material Group Co's Momentum Rank falls into.

Guangdong DFP New Material Group Co Momentum Rank Related Terms

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Guangdong DFP New Material Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Guangdong DFP New Material Group Co Ltd (SHSE:601515) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chaoshan Road, Area 4A2-2, Area 2M4, Block AF, Area 13-02, Jinyuan Industrial City, Guangdong, Shantou, CHN, 515064

Website

http://www.dfp.com.cn

Guangdong DFP New Material Group Co Ltd is engaged in the Design, production and sales of cigarette label printing and related packaging materials.

Executives

Qiu Tian	senior management
Lu Wei Qiang	Supervisors
Su Yue Jin	senior management
Xie Ming You	senior management
Li Jian Xin	senior management
Zhou Xing	senior management
Huang Jiang Wei	senior management
Liao Zhi Min	Director
Li Zhi Jun	Director
Gong Li Peng	senior management
Wang Pei Yu	Director
Huang Xiao Jia	Director

Guangdong DFP New Material Group Co Headlines

No Headlines