GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Seagull Cooling Tower Co Ltd (SHSE:603269) » Definitions » Momentum Rank

Jiangsu Seagull Cooling Tower Co (SHSE:603269) Momentum Rank : 6 (As of May. 25, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Seagull Cooling Tower Co Momentum Rank?

Jiangsu Seagull Cooling Tower Co has the Momentum Rank of 6.

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 Jiangsu Seagull Cooling Tower Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Jiangsu Seagull Cooling Tower 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.


Jiangsu Seagull Cooling Tower Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Seagull Cooling Tower Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangsu Seagull Cooling Tower Co's Momentum Rank falls into.



Jiangsu Seagull Cooling Tower Co Momentum Rank Related Terms

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


Jiangsu Seagull Cooling Tower Co (SHSE:603269) Business Description

Traded in Other Exchanges
N/A
Address
No.16,Xiangyun Road, Wujin Economic Development Zone, Jiangsu Province, Changhzou, CHN, 213149
Jiangsu Seagull Cooling Tower Co Ltd is mainly engaged in the research, development, design, manufacture and installation of industrial cooling towers in China. Its main products are mechanical ventilation cooling towers, including: conventional cooling towers (including steel Mixed-structure tower, FRP tower and steel tower), open-type environmentally-friendly and energy-saving cooling tower (including water-saving tower, anti-fog tower, and noise reduction tower).
Executives
Liu Jian Zhong senior management
Chen Jian senior management
Xu Zhi Jun Directors, senior managers
Bao Bing Guo senior management
Wu Zhu Ping Directors, senior managers
Pan Wei Rong senior management
Liu Li Directors, senior managers
Yang Hua Directors, senior managers
Wang Gen Hong Supervisors
Jin Ao Da Director
Yang Zhi Jie senior management
Liu Zhi Zheng Supervisors
Jiang Ren Xi Directors, senior managers

Jiangsu Seagull Cooling Tower Co (SHSE:603269) Headlines

No Headlines