Memsensing Microsystems (Suzhou China) Co (SHSE:688286) Momentum Rank : 10 (As of Jan. 19, 2025)

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What is Memsensing Microsystems (Suzhou China) Co Momentum Rank?

Memsensing Microsystems (Suzhou China) Co has the Momentum Rank of 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.

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Competitive Comparison of Memsensing Microsystems (Suzhou China) Co's Momentum Rank

For the Semiconductors subindustry, Memsensing Microsystems (Suzhou China) 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.

Memsensing Microsystems (Suzhou China) Co's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Memsensing Microsystems (Suzhou China) Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Memsensing Microsystems (Suzhou China) Co's Momentum Rank falls into.

Memsensing Microsystems (Suzhou China) Co Momentum Rank Related Terms

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Memsensing Microsystems (Suzhou China) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Memsensing Microsystems (Suzhou China) Co Ltd (SHSE:688286) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Jinji Lake Avenue, Room 102, Building NW-09, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000

Website

https://www.memsensing.com

Memsensing Microsystems (Suzhou China) Co Ltd is engaged in developing and designing microelectronic mechanical system sensors, integrated circuits, new electronic components, and computer software; produces MEMS sensors, sells its own products, and provides related technical consultation and technical services. The company's products include MEMSensing Microphone; MEMSensing Pressure Sensor; and MEMSensing Inertial Sensor.

Executives

Qian Qi Feng	senior management
Dong Ming Yan	senior management
Zhang Chen Liang	senior management
Mei Jia Xin	Directors, senior managers
Hu Wei	senior management

Memsensing Microsystems (Suzhou China) Co Headlines

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