Nantong Jianghai Capacitor Co (SZSE:002484) Momentum Rank : 2 (As of Jun. 23, 2024)

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What is Nantong Jianghai Capacitor Co Momentum Rank?

Nantong Jianghai Capacitor 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.

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Competitive Comparison of Nantong Jianghai Capacitor Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor Co's Momentum Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nantong Jianghai Capacitor Co's Momentum Rank falls into.

Nantong Jianghai Capacitor Co Momentum Rank Related Terms

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Nantong Jianghai Capacitor Co (SZSE:002484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nantong Jianghai Capacitor Co Ltd (SZSE:002484) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.79 Tongyang South Road, Pingchao Town, Nantong, Jiangsu, CHN, 226361

Website

http://www.jianghai.com

Nantong Jianghai Capacitor Co Ltd is mainly engaged in the manufacture, sales, and service of capacitors, related materials, and accessories. Its products include aluminum electrolytic capacitor, film capacitor, a super capacitor. The company's products are used in various fields, including industrial automation, power supply, consumer electronics, lifting equipment, transportation, and new energy sectors.

Executives

Lu Jun	Directors, executives
Shao Guo Zhu	Executives
Ding Ji Hua	Directors, executives
Gu Hong Zhong	Executives
Gu Yi Ming	Executives
Wang Jun	Executives
Xu Yong Hua	Executives
Wang Han Ming	Directors, executives
Xu You Long	Independent director
Song Guo Hua	Supervisors
Chen Wei Dong	Director
Shao Mei Juan	Supervisors
Chen Zhong Yi	Independent director
Cheng Zhi Ming	Independent director

Nantong Jianghai Capacitor Co (SZSE:002484) Headlines

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