Shenzhen Jingquanhua Electronics Co (SZSE:002885) Momentum Rank : 7 (As of Jun. 20, 2024)

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What is Shenzhen Jingquanhua Electronics Co Momentum Rank?

Shenzhen Jingquanhua Electronics Co has the Momentum Rank of 7.

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 Shenzhen Jingquanhua Electronics Co's Momentum Rank

For the Electronic Components subindustry, Shenzhen Jingquanhua Electronics 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.

Shenzhen Jingquanhua Electronics Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jingquanhua Electronics Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Jingquanhua Electronics Co's Momentum Rank falls into.

Shenzhen Jingquanhua Electronics Co Momentum Rank Related Terms

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Shenzhen Jingquanhua Electronics Co (SZSE:002885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jingquanhua Electronics Co Ltd (SZSE:002885) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 325, Guiyue Road, Jingquanhua Industrial Area, Longhua District, Guangdong Province, Shenzhen, CHN, 518110

Website

http://www.everrise.net

Shenzhen Jingquanhua Electronics Co Ltd provides customized design, manufacture and sales of electromagnetic components, power supplies and specialized transformers in China. Its products portfolio includes high frequency transformers, low frequency transformers, power adaptors, open frame power supplies, PV inverters, smart digital power supplies, three phase transformers and specialized reactors. Its products have been widely and successfully used in home appliances, consumer electronics, UPS power application, LED lighting, telecom, and PV inverter application.

Executives

Li Zhan Gong	Directors, executives
Ju Wan Jin	Directors, executives
Wang Zhao Hua	Directors, executives
Zhang Li Pin	Director
He Shi Ping	Supervisors
Xie Guang Yuan	Supervisors
Zhang Li Yang	Director
Cheng Yang	Director
Gao An Min	Executives
Dou Xiao Yue	Executives
Lv Xiao Rong	Supervisors

Shenzhen Jingquanhua Electronics Co (SZSE:002885) Headlines

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