Beijing Haitian Ruisheng Science Technology (SHSE:688787) Momentum Rank : 9 (As of May. 04, 2025)

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What is Beijing Haitian Ruisheng Science Technology Momentum Rank?

Beijing Haitian Ruisheng Science Technology has the Momentum Rank of 9.

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 Beijing Haitian Ruisheng Science Technology's Momentum Rank

For the Software - Application subindustry, Beijing Haitian Ruisheng Science Technology'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.

Beijing Haitian Ruisheng Science Technology's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Haitian Ruisheng Science Technology's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing Haitian Ruisheng Science Technology's Momentum Rank falls into.

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Beijing Haitian Ruisheng Science Technology Momentum Rank Related Terms

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Beijing Haitian Ruisheng Science Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Haitian Ruisheng Science Technology Ltd (SHSE:688787) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-801, No.28 Chengfu Road, Haidian District, Beijing, CHN, 100083

Website

http://www.speechocean.com

Beijing Haitian Ruisheng Science Technology Ltd is a service provider focusing on providing data products and solutions for AI algorithm training. The types of products and services include speech recognition data, speech synthesis data, text data, image data and others.

Executives

Cao Qiong	Core technical personnel
Hao Yu Feng	senior management
Shao Zhi Ming	Core technical personnel
Li Ke	Director
Huang Yu Kai	Director
Lv Si Yao	Director

Beijing Haitian Ruisheng Science Technology Headlines

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