Anhui Deli Household Glass Co (SZSE:002571) Momentum Rank : 4 (As of Jun. 22, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Anhui Deli Household Glass Co Momentum Rank?

Anhui Deli Household Glass Co has the Momentum Rank of 4.

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 Anhui Deli Household Glass Co's Momentum Rank

For the Household & Personal Products subindustry, Anhui Deli Household Glass 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.

Anhui Deli Household Glass Co's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Anhui Deli Household Glass Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Anhui Deli Household Glass Co's Momentum Rank falls into.

Anhui Deli Household Glass Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Anhui Deli Household Glass Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Deli Household Glass Co (SZSE:002571) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Anhui Deli Household Glass Co Ltd (SZSE:002571) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengyang County Industrial Park, Anhui, Cangzhou, CHN, 233121

Website

http://www.deliglass.com

Anhui Deli Household Glass Co Ltd operates in glassware industry. The company is engaged in the manufacture and production of glassware products.

Executives

Peng Yu Xi	Executives
Wei Shu Yun	Supervisors
Yu Le	Directors, Directors, and Executives
Shi Wei Dong	Directors, executives
Peng Yi	Director
Zhou Wei Zhong	Executives
Huang Xiao Zu	Supervisors
Yu Zhi Chun	Directors, executives
Zhang Da	Directors, executives
Zhang Bo Ping	Director
Xiao Hu	Director

Anhui Deli Household Glass Co (SZSE:002571) Headlines

No Headlines