Jiangxi Black Cat Carbon Black Co (SZSE:002068) Momentum Rank : 9 (As of May. 07, 2025)

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What is Jiangxi Black Cat Carbon Black Co Momentum Rank?

Jiangxi Black Cat Carbon Black Co has the Momentum Rank of 9.

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 Jiangxi Black Cat Carbon Black Co's Momentum Rank

For the Specialty Chemicals subindustry, Jiangxi Black Cat Carbon Black 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.

Jiangxi Black Cat Carbon Black Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Black Cat Carbon Black Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangxi Black Cat Carbon Black Co's Momentum Rank falls into.

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Jiangxi Black Cat Carbon Black Co Momentum Rank Related Terms

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Jiangxi Black Cat Carbon Black Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangxi Black Cat Carbon Black Co Ltd (SZSE:002068) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changjiang District, Jiangxi Province, Jingdezhen, CHN, 333000

Website

http://www.jx-blackcat.com

Jiangxi Black Cat Carbon Black Co Ltd is the carbon production enterprise in China. Its black carbon products have been sold to Europe, America and Southeast Asian countries and regions.

Executives

Fang Qiu Bao	Supervisors
Feng Jian Hua	Supervisors
Zhou Zhi Ning	Executives
Mei Jing	Executives
Pan Guan Shun	Supervisors
Wei Ming	Executives
Liu Chao Hui	Executives
Xin Shu Lan	Directors, executives
Yu Zhong Ming	Director
You Qi	Executives
Li Yi	Secretary Dong
Cai Jing Zhang	Director
Cao Hua	Supervisors
Zhou Min Jian	Directors, executives
Yang Zhi Min	Director

Jiangxi Black Cat Carbon Black Co Headlines

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