Changshu Fengfan Power Equipment Co (SHSE:601700) Momentum Rank : 5 (As of Mar. 25, 2025)

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What is Changshu Fengfan Power Equipment Co Momentum Rank?

Changshu Fengfan Power Equipment Co has the Momentum Rank of 5.

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 Changshu Fengfan Power Equipment Co's Momentum Rank

For the Metal Fabrication subindustry, Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changshu Fengfan Power Equipment Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Changshu Fengfan Power Equipment Co's Momentum Rank falls into.

Changshu Fengfan Power Equipment Co Momentum Rank Related Terms

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Changshu Fengfan Power Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changshu Fengfan Power Equipment Co Ltd (SHSE:601700) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Number 8, South Renmin Road, West Industrial Park, Shanghu, Changshu, CHN, 215554

Website

http://www.cstower.cn

Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.

Executives

Zhao Jin Yuan	Supervisors
Zhao Yue Hua	senior management
Chen Liang Dong	senior management
Fan Xu Xing	Supervisors
Zhu Qun Fen	Supervisors
Yang Li	senior management
Fan Jian Gang	Director
Gu Xiao Lei	Supervisors
Sang Qin Hua	Director
Xie Zuo Peng	senior management
Zhao Yu Min	Director

Changshu Fengfan Power Equipment Co Headlines

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