Suzhou Hesheng Special Material Co (SZSE:002290) Momentum Rank : 3 (As of Apr. 26, 2025)

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What is Suzhou Hesheng Special Material Co Momentum Rank?

Suzhou Hesheng Special Material Co has the Momentum Rank of 3.

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 Suzhou Hesheng Special Material Co's Momentum Rank

For the Chemicals subindustry, Suzhou Hesheng Special Material 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 Hesheng Special Material Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Hesheng Special Material Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Suzhou Hesheng Special Material Co's Momentum Rank falls into.

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Suzhou Hesheng Special Material Co Momentum Rank Related Terms

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Suzhou Hesheng Special Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Hesheng Special Material Co Ltd (SZSE:002290) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.135 Wangdun Road, Room 2408, Building 1, Rongsheng Business Center, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000

Website

http://www.szhssm.com.cn

Suzhou Hesheng Special Material Co Ltd is engaged in the production of composite materials for home appliances. The business of the company includes substrate performance and application testing, research and development of high performance surface materials, and technical services for materials applications.

Executives

Guo Hong Bin	Executives
Wang Wen Qi	Secretary, Director
Liang Xu	Director
Zhang Xiao Xuan	Director
Ren Jie	Director
Zhao Dong Ming	Director
Zhang Wen Hua	Directors, executives
Yuan Wen Xiong	Directors, Directors, and Executives
Zhang Fu Jun	Executives

Suzhou Hesheng Special Material Co Headlines

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