Hoyuan Green Energy Co (SHSE:603185) Momentum Rank : 1 (As of May. 04, 2025)

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What is Hoyuan Green Energy Co Momentum Rank?

Hoyuan Green Energy Co has the Momentum Rank of 1.

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 Hoyuan Green Energy Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Hoyuan Green Energy 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.

Hoyuan Green Energy Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoyuan Green Energy Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Hoyuan Green Energy Co's Momentum Rank falls into.

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Hoyuan Green Energy Co Momentum Rank Related Terms

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Hoyuan Green Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hoyuan Green Energy Co Ltd (SHSE:603185) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.158, Nanhu Middle Road, Xuelang Street, Binhu District, Jiangsu Province, Wuxi, CHN, 214128

Website

http://www.wuxisj.com

Hoyuan Green Energy Co Ltd is engaged in R&D, production and sales of precision machine tools.

Executives

Wang Jin Chang	senior management
Hang Yue Biao	Supervisors
Ji Fu Hua	senior management
Zhuang Ke Jie	senior management
Chen Nian Huai	Supervisors
Hang Hong	Director
Wang Yong	senior management
Dong Xi Xing	senior management
Yang Hao	Director
Yang Jian Liang	Directors, senior managers
Li Xiao Dong	Directors, senior managers

Hoyuan Green Energy Co Headlines

No Headlines