Ceepower Co (SZSE:300062) Momentum Rank : 8 (As of Dec. 13, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Ceepower Co Momentum Rank?

Ceepower 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 Ceepower Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Ceepower 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.

Ceepower Co's Momentum Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ceepower Co's Momentum Rank falls into.

Ceepower Co Momentum Rank Related Terms

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

Ceepower Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ceepower Co Ltd (SZSE:300062) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 North Jinzhou Road, Golden Mountain Industrial Zone, Fujian Province, Fuzhou City, CHN, 350301

Website

http://www.ceepower.com

Ceepower Co Ltd is engaged in the business of transmission and distribution of power transmission, smart grid, new energy photovoltaic power generation and operation. The products of the company include cable accessories, switching device, SMC cabinet, video surveillance, distribution automation terminal, and box substation.

Executives

Liu Ming Qiang	Executives
Chen Tian Xu	Director
	Directors, executives
Wu Hao	Director
Zhuo Hong Xing	Executives
Huang Nan	Directors, executives
Chen Man Hong	Director

Ceepower Co Headlines

No Headlines