Kehua Data Co (SZSE:002335) Momentum Rank : 10 (As of May. 26, 2024)

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What is Kehua Data Co Momentum Rank?

Kehua Data 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 Kehua Data Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Kehua Data 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.

Kehua Data Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kehua Data Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kehua Data Co's Momentum Rank falls into.

Kehua Data Co Momentum Rank Related Terms

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Kehua Data Co (SZSE:002335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kehua Data Co Ltd (SZSE:002335) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 457, Malong Road, Torch Park, Torch High-tech Zone, Fujian, Xiamen, CHN, 361006

Website

http://www.kehua.com.cn

Kehua Data Co Ltd engages in the research, development, manufacture, and sale of renewable energy and data center products. Its product offerings include central inverters, inverter containers, and central distribution systems; energy storage systems and converters, and storage batteries; grid-tied PV and string inverters; solar controllers, off-grid inverters and chargers, single and three phase inverters and others.

Executives

Lin Qing Min	Executives
Chen Si Xiong	Directors, executives
Lai Yong Chun	Supervisors
Chen Hao	Directors, executives
Tang Shan	Executives
Lin Tao	Directors, executives
Cui Jian	Executives
Lin Yi	Directors, executives
Lu Ming Fu	Supervisors
Deng Hong Fei	Executives
Su Rui Yu	Executives
Liang Shu Zhan	Supervisors
Huang Qing Feng	Executives
Wu Jian Wen	Directors, Directors, and Executives
Wu Hong Li	Executives

Kehua Data Co (SZSE:002335) Headlines

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