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Luxi Chemical Group Co (SZSE:000830) Momentum Rank : 7 (As of May. 03, 2025)


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What is Luxi Chemical Group Co Momentum Rank?

Luxi Chemical Group Co has the Momentum Rank of 7.

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 Luxi Chemical Group Co's Momentum Rank

For the Specialty Chemicals subindustry, Luxi Chemical Group 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.


Luxi Chemical Group Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luxi Chemical Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Luxi Chemical Group Co's Momentum Rank falls into.


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Luxi Chemical Group Co Momentum Rank Related Terms

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Luxi Chemical Group Co Business Description

Traded in Other Exchanges
N/A
Address
Chemical Industry Park, Dong'e County, Liaocheng, Shandong, CHN, 252000
Luxi Chemical Group Co Ltd is engaged in Production and sales of chemical products, new chemical materials and fertilizer products.
Executives
Liu Yu Cai Supervisors
Zhang Jin Cheng Secretary, Director
Jin Tong Ying Supervisors
Jiang Jia Hui Executives
Tang Guang Independent director
Jiao Yan Bin Directors, executives
Cai Ying Qiang Directors, Directors, and Executives
Zhang Lei Executives
Wang Fu Xing Directors, executives
Deng Shao Yun Executives
Jiang Ji Tao Directors, executives
Wang Fu Jiang Executives
Yu Qing Supervisors
Zhang Jin Lin Director
Yang Ben Hua Supervisors

Luxi Chemical Group Co Headlines

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