Zhejiang Wanliyang Co (SZSE:002434) Momentum Rank : 9 (As of May. 05, 2025)

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What is Zhejiang Wanliyang Co Momentum Rank?

Zhejiang Wanliyang Co has the Momentum Rank of 9.

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 Zhejiang Wanliyang Co's Momentum Rank

For the Auto Parts subindustry, Zhejiang Wanliyang 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.

Zhejiang Wanliyang Co's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Wanliyang Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Wanliyang Co's Momentum Rank falls into.

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Zhejiang Wanliyang Co Momentum Rank Related Terms

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Zhejiang Wanliyang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Wanliyang Co Ltd (SZSE:002434) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Liuhe Cloud Mansion, 5th Building, Cloud Town Xihu District, Zhejiang Province, Hangzhou, CHN

Website

http://www.zjwly.com

Zhejiang Wanliyang Co Ltd is mainly engaged in the manufacture and distribution of automobile transmissions in China. Its products cover transmissions for all kinds of commercial vehicles, including logistics transportation trucks, low-speed heavy-duty dumpers, buses, municipal vehicles, school buses, and pickups. The company's customers include BAIC Foton, Dongfeng Motor, Sinotruk, Faw Group, JMC, Yutong Bus, Hyundai Motor and other automobile OEMs.

Executives

Gu Yong Ting	Directors, executives
Zhang Lei Gang	Secretary, Director
Ren Hua Lin	Executives
Lin Jian	Executives
Hu Chun Rong	Directors, executives
Huang Ren Xing	Supervisors
Gui Wen Jing	Executives
Huang He Qing	Director
Wu Yue Hua	Director
Wang Wei Chuan	Directors, executives
Wu Miao Zhen	Directors, executives
Xu Ping Ping	Director

Zhejiang Wanliyang Co Headlines

No Headlines