Sichuan Meifeng Chemical Industry Co (SZSE:000731) Momentum Rank : 10 (As of May. 31, 2024)

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What is Sichuan Meifeng Chemical Industry Co Momentum Rank?

Sichuan Meifeng Chemical Industry 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Sichuan Meifeng Chemical Industry Co's Momentum Rank

For the Agricultural Inputs subindustry, Sichuan Meifeng Chemical Industry 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.

Sichuan Meifeng Chemical Industry Co's Momentum Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sichuan Meifeng Chemical Industry Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sichuan Meifeng Chemical Industry Co's Momentum Rank falls into.

Sichuan Meifeng Chemical Industry Co Momentum Rank Related Terms

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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sichuan Meifeng Chemical Industry Co Ltd (SZSE:000731) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Section 1, Yuhua South Road, Sichuan Province, Deyang, CHN

Website

http://www.scmeif.com

Sichuan Meifeng Chemical Industry Co Ltd is a China-based chemical production enterprise. The chemical products offered by the company are urea, compound fertilizer, melamine, diesel exhaust gas treatment, nitric acid, ammonium nitrate, plastic-woven products and heavy-duty film packaging bags. Geographically operates through China.

Executives

Liu Zhi Gang	Supervisors
Chen Rong Jiang	Supervisors
Zhang Xiao Bin	Director
Deng Da Lin	Director
Liao Zhi Jun	Supervisors
Cai Xing Fu	Executives
Mao Kai Gui	Supervisors
Fu Yong	Director
Dong Wen De	Supervisors
Chen Ping	Directors, executives
Min Long Gang	Director
Ding Wen Yi	Supervisors
Liao Yong Fang	Supervisors
Yang Jiu Yi	Supervisors

Sichuan Meifeng Chemical Industry Co (SZSE:000731) Headlines

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