Anhui Huangshan Capsule Co (SZSE:002817) Momentum Rank : 4 (As of Jun. 22, 2024)

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What is Anhui Huangshan Capsule Co Momentum Rank?

Anhui Huangshan Capsule 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 Huangshan Capsule Co's Momentum Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Anhui Huangshan Capsule 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 Huangshan Capsule Co's Momentum Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Anhui Huangshan Capsule Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Anhui Huangshan Capsule Co's Momentum Rank falls into.

Anhui Huangshan Capsule Co Momentum Rank Related Terms

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Anhui Huangshan Capsule Co (SZSE:002817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Anhui Huangshan Capsule Co Ltd (SZSE:002817) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Jingde, Baidi town, Anhui Province, Xuancheng, CHN, 242605

Website

http://www.hsjn.com

Anhui Huangshan Capsule Co Ltd is engaged in the development, production and sales of gelatin hollow capsules and enteric gelatin hollow capsules in China. It products portfolio includes Entersoluble vacant gelatin capsule, Vegetable capsule, Pulluan capsule, Vacant gelatin capsule and Vegetable entersoluble capsule.

Executives

Yu Chun Ming	Director
Zhu Guan Run	Supervisors
Liu Song Lin	Supervisors
Wang Hong Shi	Directors, executives
Ye Song Lin	Directors, executives

Anhui Huangshan Capsule Co (SZSE:002817) Headlines

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