Advanced Micro-fabrication Equipment (SHSE:688012) Momentum Rank : 3 (As of Dec. 12, 2024)

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What is Advanced Micro-fabrication Equipment Momentum Rank?

Advanced Micro-fabrication Equipment has the Momentum Rank of 3.

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 Advanced Micro-fabrication Equipment's Momentum Rank

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's Momentum Rank falls into.

Advanced Micro-fabrication Equipment Momentum Rank Related Terms

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Advanced Micro-fabrication Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Micro-fabrication Equipment Inc (SHSE:688012) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201

Website

http://www.amec-inc.com

Advanced Micro-fabrication Equipment Inc is engaged in the development, production and sales of equipment such as plasma etching equipment, deep silicon etching equipment and MOCVD equipment for microelectronic devices such as integrated circuits and LED chips.

Executives

Liu Zhi Qiang	Core technical personnel
Chen Huang Lin	Core technical personnel
Jiang Yong	Core technical personnel
He Wei Ye	Core technical personnel
Yin Zhi Yao	Directors, senior managers, core technical personnel
	Core technical personnel
	Senior management, core technical personnel
Chen Wei Wen	senior management
	Directors, senior managers, core technical personn
	Core technical personnel
	Senior management, core technical personnel
	Core technical personnel

Advanced Micro-fabrication Equipment Headlines

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