Beijing SL Pharmaceutical Co (SZSE:002038) Momentum Rank : 1 (As of Mar. 23, 2025)

View and export this data going back to 2004. Start your Free Trial

What is Beijing SL Pharmaceutical Co Momentum Rank?

Beijing SL Pharmaceutical 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 Beijing SL Pharmaceutical Co's Momentum Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing SL Pharmaceutical 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.

Beijing SL Pharmaceutical Co's Momentum Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing SL Pharmaceutical Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing SL Pharmaceutical Co's Momentum Rank falls into.

Beijing SL Pharmaceutical Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Beijing SL Pharmaceutical Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing SL Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Beijing SL Pharmaceutical Co Ltd (SZSE:002038) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.69 Fu shi Road, No.1 Building, Bitongyuan, Haidian district, Beijing, CHN, 100049

Website

http://www.slpharm.com.cn

Beijing SL Pharmaceutical Co Ltd is a Chinese biotechnology-pharmaceutical company. It is principally focused on developing and marketing gene engineering drugs. The product portfolio of the company includes drugs for Oncology, Hepatopathy and Senile disease. Its products include Filgrastim, Asparaginase, Dasartinib, Enoxaparin, Naftopidil, Ademetionine, Lenalidomide, and others.

Executives

Liang Shu Jie	Secretary, Director
Xu Ming Bo	Directors, executives
Yang Zhong Fan	Supervisors
Chen Yu Lin	Director
Qi Yan Ming	Supervisors
Xi Wen Ying	Executives
Wu Yan Zhuo	Executives
Wang Wen Xin	Director
Li Ya Jun	Executives
Zhao Xia	Securities Affairs Representative
Zhang Chun Lei	Supervisors
Wang Yong Bo	Directors, executives
Lu An Jing	Supervisors
Wei Su Yan	Director

Beijing SL Pharmaceutical Co Headlines

No Headlines