Wuchan Zhongda Geron Co (SZSE:002722) Momentum Rank : 8 (As of May. 28, 2024)

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What is Wuchan Zhongda Geron Co Momentum Rank?

Wuchan Zhongda Geron Co has the Momentum Rank of 8.

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 Wuchan Zhongda Geron Co's Momentum Rank

For the Tools & Accessories subindustry, Wuchan Zhongda Geron 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.

Wuchan Zhongda Geron Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuchan Zhongda Geron Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wuchan Zhongda Geron Co's Momentum Rank falls into.

Wuchan Zhongda Geron Co Momentum Rank Related Terms

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Wuchan Zhongda Geron Co (SZSE:002722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuchan Zhongda Geron Co Ltd (SZSE:002722) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999, Guangzhou Road, Haimen Economic and Technological Development Zone, Jiangsu Province, Haimen, CHN, 226009

Website

http://www.geron-card.com

Wuchan Zhongda Geron Co Ltd is engaged in the research, development, manufacture, and sale of parts for textile carding equipment. It offers metallic card clothing, flexible woolen card clothing, stationary flats, integrated cylinder, top comb and combing roller, among others. The company has a brand system of Blue Diamond, Diamond, Pioneer and Spider.

Executives

Jiang Zhou	Independent director
Ge Jing Ping	Supervisors
Hong Liang	Director
Lu Jian	Independent director
Tang Hua Jun	Executives
Qian Dong Yu	Executives
Lu Ting	Directors, executives
Li Fu He	Supervisors

Wuchan Zhongda Geron Co (SZSE:002722) Headlines

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