UniTTEC Co (SZSE:000925) Momentum Rank : 5 (As of May. 25, 2024)

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What is UniTTEC Co Momentum Rank?

UniTTEC Co has the Momentum Rank of 5.

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 UniTTEC Co's Momentum Rank

For the Semiconductors subindustry, UniTTEC 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.

UniTTEC Co's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, UniTTEC Co's Momentum Rank distribution charts can be found below:

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

UniTTEC Co Momentum Rank Related Terms

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UniTTEC Co (SZSE:000925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » UniTTEC Co Ltd (SZSE:000925) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051

Website

http://www.unittec.com

UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.

Executives

Pan Li Chun	Director
Luo Jian Qiang	Executives
Bian Jin Fei	Executives
He Hao	Executives
Lou Hong Hai	Directors, executives
Zhao Qin	Directors, executives
Tang Xin Liang	Director
Ling Zhu Jun	Executives
Wang Zhen Yu	Executives
Shi Xiu Xia	Executives
Li Jun	Directors, executives
Lu Xi Wei	Executives
Pan Rong	Executives
Chen Jun	Directors, executives
Jiang Xiang Yang	Executives

UniTTEC Co (SZSE:000925) Headlines

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