Jin Tong Ling Technology Group Co (SZSE:300091) Momentum Rank : 2 (As of Jun. 20, 2024)

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What is Jin Tong Ling Technology Group Co Momentum Rank?

Jin Tong Ling Technology Group Co has the Momentum Rank of 2.

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 Jin Tong Ling Technology Group Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Jin Tong Ling Technology Group 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.

Jin Tong Ling Technology Group Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jin Tong Ling Technology Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jin Tong Ling Technology Group Co's Momentum Rank falls into.

Jin Tong Ling Technology Group Co Momentum Rank Related Terms

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Jin Tong Ling Technology Group Co (SZSE:300091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jin Tong Ling Technology Group Co Ltd (SZSE:300091) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 135 Middle Zhongxiu Road, Chongchuan District, Jiangsu Province, Nantong, CHN, 226001

Website

http://www.jtlfans.com

Jin Tong Ling Technology Group Co Ltd, formerly Jiangsu Jin Tong Ling Fluid Machinery Technology Co Ltd researches develop, manufactures, sells, and services fluid machinery and compressors primarily in China. The company offers centrifugal air compressors; high-speed single-stage centrifugal and maglev blowers; steam compressors and turbines; turbojets; and multistage centrifugal blowers.

Executives

Chen Da Peng	Director
Feng Ming Fei	Executives
Cao Xiao Jian	Supervisors
Shen Zhi Gang	Directors, executives
Jin Zhen Ming	Executives
Ji Wei Dong	Directors, executives
Ji Wei	Directors, executives
Wang Xia	Executives
Xu Huan Jun	Supervisors
Ou Yang Neng	Supervisors
Xu Guo Hua	Executives
Feng Lan Jiang	Executives
Ma Xiao Kui	Supervisors
Qian Jin Lin	Executives
Cao Ping	Directors, executives

Jin Tong Ling Technology Group Co (SZSE:300091) Headlines

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