Cybrid Technologies (SHSE:603212) Momentum Rank : 8 (As of Jun. 22, 2024)

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What is Cybrid Technologies Momentum Rank?

Cybrid Technologies has the Momentum Rank of 8.

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 Cybrid Technologies's Momentum Rank

For the Specialty Chemicals subindustry, Cybrid Technologies'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.

Cybrid Technologies's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cybrid Technologies's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Cybrid Technologies's Momentum Rank falls into.

Cybrid Technologies Momentum Rank Related Terms

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Cybrid Technologies (SHSE:603212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cybrid Technologies Inc (SHSE:603212) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299

Website

https://www.cybrid.com.cn

Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.

Executives

Yan Wen Qin	Directors, senior managers
Chen Hong Ye	Directors, senior managers
Gao Tian Bo	Directors, senior managers
Chen Xiao Ying	senior management
Chen Da Wei	senior management

Cybrid Technologies (SHSE:603212) Headlines

No Headlines