Goody Science and Technology Co (SZSE:002694) Momentum Rank : 1 (As of May. 05, 2025)

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What is Goody Science and Technology Co Momentum Rank?

Goody Science and Technology Co has the Momentum Rank of 1.

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 Goody Science and Technology Co's Momentum Rank

For the Auto Parts subindustry, Goody Science and Technology 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.

Goody Science and Technology Co's Momentum Rank Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Goody Science and Technology Co's Momentum Rank falls into.

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Goody Science and Technology Co Momentum Rank Related Terms

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Goody Science and Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Goody Science and Technology Co Ltd (SZSE:002694) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 18, Wuchu Avenue, Ezhou Economic Development Zone, Hubei Province, Ezhou, CHN, 436099

Website

https://www.goody.com.cn

Goody Science and Technology Co Ltd is engaged in manufacturing of plastic pipes. The company offers products including fire hose, drain pipes, water pipes and farm tubes.

Executives

Zhang Zhen Guo	Director
Zhang Wen Fang	Executives
Xu Hui Li	Supervisors
Fu Zhi Min	Directors, executives
Wang Han Hua	Executives
Wang Hong Lin	Directors, executives
Zhao Xia	Supervisors
Lin Chang Hua	Directors, executives
Shen Peng	Directors, executives
Lin Chao Qun	Director
Sun Zhi Jun	Executives

Goody Science and Technology Co Headlines

No Headlines