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Xi'an Bright Laser Technologies Co (SHSE:688333) Momentum Rank : 10 (As of Mar. 22, 2025)


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What is Xi'an Bright Laser Technologies Co Momentum Rank?

Xi'an Bright Laser Technologies Co has the Momentum Rank of 10.

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 Xi'an Bright Laser Technologies Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Xi'an Bright Laser Technologies 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.


Xi'an Bright Laser Technologies Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xi'an Bright Laser Technologies Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Xi'an Bright Laser Technologies Co's Momentum Rank falls into.



Xi'an Bright Laser Technologies Co Momentum Rank Related Terms

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Xi'an Bright Laser Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1000, Shanglinyuan 7th Road, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710000
Xi'an Bright Laser Technologies Co Ltd provides comprehensive turnkey solutions for metal additive manufacturing and remanufacturing. BLT has developed a mature metal AM ecosystem with a focus on industrial metal 3D printers, metal powders, printing services, innovative software, and additive consulting. Drawing on years in metal additive manufacturing technology, BLT caters to a wide range of industries including aerospace, energy, medical dentistry, industrial tooling, automotive manufacturing, and more. Through continuous innovation, the company strives to meet the evolving needs of its customers.
Executives
Cui Jing Shu senior management
Yu Wen Tao senior management
Jia Xin Directors, senior managers, core technical personn
Xue Lei Directors, senior managers, core technical personn
Yang Dong Hui Directors, senior managers, core technical personn
Zhao Xiao Ming Directors, senior managers, core technical personn
Liang Ke Jing senior management
Zhe Sheng Yang Director
Lei Kai Gui Director
Wang Shi Kai Core technical personnel
Li Dong Core technical personnel
Hu Qiao Core technical personnel
He Feng Core technical personnel
Yuan Zuo Peng Core technical personnel

Xi'an Bright Laser Technologies Co Headlines

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