Sinoma Science & Technology Co (SZSE:002080) Momentum Rank : 2 (As of Dec. 15, 2024)

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What is Sinoma Science & Technology Co Momentum Rank?

Sinoma Science & Technology Co has the Momentum Rank of 2.

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 Sinoma Science & Technology Co's Momentum Rank

For the Chemicals subindustry, Sinoma Science & Technology 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.

Sinoma Science & Technology Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sinoma Science & Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sinoma Science & Technology Co's Momentum Rank falls into.

Sinoma Science & Technology Co Momentum Rank Related Terms

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Sinoma Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sinoma Science & Technology Co Ltd (SZSE:002080) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Yuanda South Street, Building 1, Lu Xun Cultural Park Creation & Exhibition Center, Haidian District, Beijing, CHN, 100097

Website

http://www.sinomatech.com

Sinoma Science & Technology Co Ltd is a China-based company engages in the research, design, manufacture, and sale of special fiber composite materials. Its product and services include Composite wind Power blades, Fiberglass and Products, Lithium Battery Separator, High-pressure Gas Cylinders, Filtration and Separation Material, Special Fibers and Composites and Engineering technology and Equipment.

Executives

Guo Wei	Supervisors
Tan Zhong Ming	Director
Zhu Jian Xun	Director

Sinoma Science & Technology Co Headlines

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