Beijing Inhand Networks Technology Co (SHSE:688080) Momentum Rank : 9 (As of May. 07, 2025)

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What is Beijing Inhand Networks Technology Co Momentum Rank?

Beijing Inhand Networks Technology 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 Beijing Inhand Networks Technology Co's Momentum Rank

For the Information Technology Services subindustry, Beijing Inhand Networks Technology 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.

Beijing Inhand Networks Technology Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Inhand Networks Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing Inhand Networks Technology Co's Momentum Rank falls into.

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Beijing Inhand Networks Technology Co Momentum Rank Related Terms

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Beijing Inhand Networks Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Inhand Networks Technology Co Ltd (SHSE:688080) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Ziyue Road, Room 501, 5th Floor, Building 3, Chaoyang District, Beijing, CHN, 100102

Website

http://www.inhand.com.cn

Beijing Inhand Networks Technology Co Ltd is engaged in research and development and application of industrial Internet of Things technology. The company provides technology development; technology promotion; technology transfer; technology consulting; technical services; and computer technology training.

Executives

Zhang Li Yin	Core technical personnel
Zheng Yi Bin	Core technical personnel
Han Chuan Jun	Director
Zhang Jian Liang	Core technical personnel
Zhu Yu Ming	Supervisors
Zhong Cheng	Directors, senior managers
Yu Ying Jun	Directors, senior managers
Dai Yi Bo	Supervisors, core technical personnel
Wu Cai Long	Core technical personnel

Beijing Inhand Networks Technology Co Headlines

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