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San Bian Science & Technology Co (SZSE:002112) Momentum Rank : 10 (As of Jun. 21, 2024)


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What is San Bian Science & Technology Co Momentum Rank?

San Bian Science & Technology Co has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of San Bian Science & Technology Co's Momentum Rank

For the Electronic Components subindustry, San Bian 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.


San Bian Science & Technology Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, San Bian Science & Technology Co's Momentum Rank distribution charts can be found below:

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



San Bian Science & Technology Co Momentum Rank Related Terms

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San Bian Science & Technology Co (SZSE:002112) Business Description

Traded in Other Exchanges
N/A
Address
No. 369, West District Road, Haiyou Town, Zhejiang, Sanmen County, CHN, 317100
San Bian Science & Technology Co Ltd is engaged in the manufacturing of transformers. The types of transformers include oil immersed transformer, dry type transformer, combined transformer substation, combined transformers, low voltage distribution equipment, and special transformer.
Executives
Chen Min Supervisors
Lu Xu Ri Secretary, Director
Zhang Chu Yang Supervisors
Zhu Feng Directors, executives
Ye Guang Lei Supervisors
Yang Jing Secretary, Director
Lu Gu Feng Supervisors

San Bian Science & Technology Co (SZSE:002112) Headlines

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