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Suzhou Good-Ark Electronics Co (SZSE:002079) Momentum Rank : 8 (As of May. 26, 2024)


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What is Suzhou Good-Ark Electronics Co Momentum Rank?

Suzhou Good-Ark Electronics Co has the Momentum Rank of 8.

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 Suzhou Good-Ark Electronics Co's Momentum Rank

For the Semiconductors subindustry, Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Good-Ark Electronics Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Suzhou Good-Ark Electronics Co's Momentum Rank falls into.



Suzhou Good-Ark Electronics Co Momentum Rank Related Terms

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Suzhou Good-Ark Electronics Co (SZSE:002079) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Tongxi Road, Tongan Development Zone, Jiangsu, Suzhou, CHN, 215002
Suzhou Good-Ark Electronics Co Ltd is a China-based company engaged in the semiconductor industry. It designs, manufactures, packages and sells semiconductors. The products offered by the company include the leadless integrated circuits and discrete devices, automotive rectifier diode, power modules, rectifier diode chip, silicon rectifier diodes, switching diodes, Zener diodes, miniature bridges, military fuse, and photovoltaic bypass module. The company sells its products in China and other countries.
Executives
Wu Nian Bo Director
Xie Qian Qian Executives
Teng You Xi Directors, executives
Yang Xiao Ping Executives
Gu Mei Jun Executives
Wen Su Bin Independent director
Tang Zai Nan Directors, executives
Yang Shuo Securities Affairs Representative
Huang Hao Rong Supervisors
Lu Fei Min Supervisors
Jiang Xiao Hang Supervisors

Suzhou Good-Ark Electronics Co (SZSE:002079) Headlines

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