Zhejiang Haiyan Liyuan Environmental Protection Technology Co (SHSE:688565) Momentum Rank : 10 (As of Mar. 22, 2025)

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What is Zhejiang Haiyan Liyuan Environmental Protection Technology Co Momentum Rank?

Zhejiang Haiyan Liyuan Environmental Protection Technology 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 Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Zhejiang Haiyan Liyuan Environmental Protection 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.

Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Haiyan Liyuan Environmental Protection Technology Co's Momentum Rank falls into.

Zhejiang Haiyan Liyuan Environmental Protection Technology Co Momentum Rank Related Terms

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Zhejiang Haiyan Liyuan Environmental Protection Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Haiyan Liyuan Environmental Protection Technology Co Ltd (SHSE:688565) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.585, Chang'an North Road, Wuyuan Street, Haiyan County, Zhejiang Province, Jiaxing, CHN, 314300

Website

http://www.psr-china.com

Zhejiang Haiyan Liyuan Environmental Protection Technology Co Ltd is engaged in the research and development, design and integration of water treatment system equipment for nuclear power plants, thermal power plants, metallurgy, chemical and other industrial enterprises and municipal industries.

Executives

Huang Jin	Director
Wei Bo	Supervisors
Zhou Zhe Chuan	Supervisors
Lin Hong Chen	Director
Cao Yang	Directors, senior managers, core technical personn
Jin Shi Yi	Director
Shen Wan Zhong	Directors, senior managers
Shen Xue En	senior management
Pei Zhi Guo	senior management

Zhejiang Haiyan Liyuan Environmental Protection Technology Co Headlines

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