Guangdong Tecsun Science & Technology Co (SZSE:002908) Momentum Rank : 7 (As of Jan. 18, 2025)

View and export this data going back to 2017. Start your Free Trial

What is Guangdong Tecsun Science & Technology Co Momentum Rank?

Guangdong Tecsun Science & Technology 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 Guangdong Tecsun Science & Technology Co's Momentum Rank

For the Software - Application subindustry, Guangdong Tecsun Science & 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.

Guangdong Tecsun Science & Technology Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Guangdong Tecsun Science & Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guangdong Tecsun Science & Technology Co's Momentum Rank falls into.

Guangdong Tecsun Science & Technology Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Guangdong Tecsun Science & Technology Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Tecsun Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guangdong Tecsun Science & Technology Co Ltd (SZSE:002908) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Ruan Jian Lu, 2nd Floor, Room 201, Tianhe Qu, Guangdong Sheng, Guangzhou, CHN, 510663

Website

http://www.e-tecsun.com

Guangdong Tecsun Science & Technology Co Ltd is a China-based company engages in the production and sale of social security cards and related service. The company's main products include financial social security cards and service terminal products. The company provides its products and services for the human resources and social security departments, social security card users and third-party institutions.

Executives

Guo Xiao Bin	Directors, executives
Zhang Ying	Supervisors
Ling Lin	Executives
Chen Qu	Directors, executives
Gao Min	Directors, executives
Gu Ke	Directors, executives
Zhu Hui Dong	Directors, executives
Xi Xiao Jian	Supervisors
He Zhi Gang	Executives
Liu Jun Feng	Director
Li Zhu	Director

Guangdong Tecsun Science & Technology Co Headlines

No Headlines