Shanghai Moons' Electric Co (SHSE:603728) Momentum Rank : 9 (As of May. 03, 2025)

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What is Shanghai Moons' Electric Co Momentum Rank?

Shanghai Moons' Electric Co has the Momentum Rank of 9.

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 Shanghai Moons' Electric Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Shanghai Moons' Electric 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.

Shanghai Moons' Electric Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Moons' Electric Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shanghai Moons' Electric Co's Momentum Rank falls into.

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Shanghai Moons' Electric Co Momentum Rank Related Terms

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Shanghai Moons' Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Moons' Electric Co Ltd (SHSE:603728) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 168 Mingjia Road, Minbei Industrial Zone, Minhang District, Shanghai, CHN, 201107

Website

https://www.moonsindustries.com

Shanghai Moons' Electric Co Ltd is a China based manufacturer of motion control, intelligent LED lighting control, and industrial equipment management. Its products include drives, slotless motors, rotary stepper products, LED drivers, and Step-Servo products. The company has a business presence in China and various other countries. In addition, the company also offers support and training services. The products offered by the company have applications in various fields including 3D printer, lightning, textile, security, telecom, and medical and life science.

Executives

Liu Jin Ping	Director
Cheng Jian Guo	Director
Wen Zhi Zhong	senior management

Shanghai Moons' Electric Co Headlines

No Headlines