Jiangsu Cnano Technology Co (SHSE:688116) Momentum Rank : 9 (As of Sep. 25, 2024)

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What is Jiangsu Cnano Technology Co Momentum Rank?

Jiangsu Cnano Technology Co has the Momentum Rank of 9.

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 Cnano Technology Co's Momentum Rank

For the Electronic Components subindustry, Jiangsu Cnano 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.

Jiangsu Cnano Technology Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Cnano Technology Co's Momentum Rank distribution charts can be found below:

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

Jiangsu Cnano Technology Co Momentum Rank Related Terms

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Jiangsu Cnano Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Cnano Technology Co Ltd (SHSE:688116) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000

Website

http://www.cnanotechnology.com

Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development and commercialization of multi-wall carbon nanotubes products for the energy storage, especially lithium-ion battery paste.

Executives

Lin Wei Guo	Core technical personnel
Yue Bang Xian	Senior management, core technical personnel
Cai Yong Lve	Directors, senior managers
Ye Ya Wen	senior management
Yan Yan	Directors, senior managers
Zheng Tao	Directors, senior managers, core technical personn
Zhang Mei Jie	Directors, senior managers, core technical personn
Cai Wei Zheng	Core technical personnel
Zhou Yan	Supervisors
Lan Yin	Supervisors
Guo Wei Xing	Core technical personnel
Wei Zhao Jie	Core technical personnel
Xie Bao Dong	Core technical personnel
Cai Zong Yan	Core technical personnel
Sun Min	Supervisors

Jiangsu Cnano Technology Co Headlines

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