Feilong Auto Components Co (SZSE:002536) Momentum Rank : 9 (As of May. 25, 2024)

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What is Feilong Auto Components Co Momentum Rank?

Feilong Auto Components Co has the Momentum Rank of 9.

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 Feilong Auto Components Co's Momentum Rank

For the Auto Parts subindustry, Feilong Auto Components 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.

Feilong Auto Components Co's Momentum Rank Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Feilong Auto Components Co's Momentum Rank falls into.

Feilong Auto Components Co Momentum Rank Related Terms

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Feilong Auto Components Co (SZSE:002536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Feilong Auto Components Co Ltd (SZSE:002536) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Industrial Area, Donghuan Road, Henan Province, Xixia County, CHN, 474500

Website

http://www.xixia-waterpump.com

Feilong Auto Components Co Ltd through its subsidiaries is engaged in manufacturing and selling automobile parts in the People's Republic of China and internationally. It offers products such as Automobile water pumps under the Feilong brand; and Engine intake and Exhaust manifolds, Flywheel housings, Turbocharger, Die and gravity castings, Turbine housings, and Oil pumps, among other products.

Executives

Feng Zhang Hong	Executives
Bai Xiang Rong	Supervisors
Wang Rui Jin	Executives
Sun Yao Zhong	Directors, executives
Sun Yao Zhi	Director
Xi Guo Qin	Executives
Jiao Lei	Executives
Sun Ding Wen	Executives
Liang Zhong Hua	Directors, executives
Tang Guo Zhong	Executives
Wan Guo Min	Executives
Zhang Meng Xing	Executives
Xie Guo Lou	Securities Affairs Representative

Feilong Auto Components Co (SZSE:002536) Headlines

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