XJ Electric Co (SZSE:000400) Momentum Rank : 1 (As of Mar. 25, 2025)

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What is XJ Electric Co Momentum Rank?

XJ Electric Co has the Momentum Rank of 1.

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 XJ Electric Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, XJ Electric 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.

XJ Electric Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XJ Electric Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where XJ Electric Co's Momentum Rank falls into.

XJ Electric Co Momentum Rank Related Terms

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XJ Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XJ Electric Co Ltd (SZSE:000400) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 1298 Xuji Avenue, Henan Province, Xuchang, CHN, 461000

Website

https://www.xjec.com

XJ Electric Co Ltd Provides high-end energy and power technology equipment and offers comprehensive technical, product and service support for clean energy production, transmission, distribution and efficient use.

Executives

Tan Guo Biao	Director
Li Qiu He	Securities Affairs Representative
Bai Hui	Executives
Zhang Hong Yan	Securities Affairs Representative
Wang Wu Jie	Supervisors
Xiao Zhong Wen	Director
Jia Wei	Executives
Yao Wu	Directors, executives
Sun Ji Qiang	Executives
Cheng Li Min	Supervisors
Leng Jun	Director
Ma Bao Zhou	Directors, executives
Zhang Xue Shen	Director
Wei Jian Xiao	Executives
Zhang Xin Chang	Directors, executives

XJ Electric Co Headlines

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