Yangtze Optical Electronic Co (SHSE:688143) Momentum Rank : 0 (As of Dec. 11, 2024)

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What is Yangtze Optical Electronic Co Momentum Rank?

Yangtze Optical Electronic Co has the Momentum Rank of 0.

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.

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Yangtze Optical Electronic Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 80, Gaoxin 5th Road, East Lake Development Zone, Hubei Province, Wuhan, CHN, 430205

Website

https://www.yoec.com.cn

Yangtze Optical Electronic Co Ltd is engaged in the research and development, production and sales of products in five major fields including special optical fiber and cable, special optical devices, new materials, high-end equipment and optoelectronic systems, and provides customers with measurement calibration and testing services for optoelectronic first-level metering stations.

Executives

Kuang Guang Hua	Directors, senior managers
Cao Wen Ming	Directors, senior managers
Pi Ya Bin	Directors, senior managers
Lian Zheng Gang	Director
Guo Miao	Director

Yangtze Optical Electronic Co Headlines

No Headlines