Suntar Environmental Technology Co (SHSE:688101) Momentum Rank : 7 (As of May. 27, 2024)

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What is Suntar Environmental Technology Co Momentum Rank?

Suntar Environmental Technology Co has the Momentum Rank of 7.

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 Suntar Environmental Technology Co's Momentum Rank

For the Utilities - Regulated Water subindustry, Suntar Environmental 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.

Suntar Environmental Technology Co's Momentum Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suntar Environmental Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Suntar Environmental Technology Co's Momentum Rank falls into.

Suntar Environmental Technology Co Momentum Rank Related Terms

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Suntar Environmental Technology Co (SHSE:688101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Suntar Environmental Technology Co Ltd (SHSE:688101) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

St. Graphene Film Industrial Park, Baota District, Shaanxi Province, Yan'an, CHN, 716000

Website

http://www.suntar.com

Suntar Environmental Technology Co Ltd is an industrial separation and membrane water treatment solution provider. The company is involved in two business area namely Membrane technology application in which industrial separation and membrane water treatment activities are undertaken; and water investment operation.

Executives

Hong Yu Bin	Core technical personnel
Chen Mao Tian	Supervisors
Ye Sheng	Director
Tang Jia Jing	Directors, senior managers
Fang Fu Lin	senior management
Dai Xiao Xing	Director
Huang Jun Huang	Supervisors

Suntar Environmental Technology Co (SHSE:688101) Headlines

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