AVIC Chengdu Aircraft Co (SZSE:302132) Momentum Rank : 10 (As of May. 06, 2025)

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

What is AVIC Chengdu Aircraft Co Momentum Rank?

AVIC Chengdu Aircraft Co has the Momentum Rank of 10.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of AVIC Chengdu Aircraft Co's Momentum Rank

For the Aerospace & Defense subindustry, AVIC Chengdu Aircraft 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.

AVIC Chengdu Aircraft Co's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVIC Chengdu Aircraft Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where AVIC Chengdu Aircraft Co's Momentum Rank falls into.

Save Embed

;

Save Embed

;

AVIC Chengdu Aircraft Co Momentum Rank Related Terms

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

AVIC Chengdu Aircraft Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AVIC Chengdu Aircraft Co Ltd (SZSE:302132) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Weiyi Road, Huangtianba, Qingyang District, Sichuan Province, Chengdu, CHN, 610091

Website

https://www.zemic.com.cn

AVIC Chengdu Aircraft Co Ltd is engaged in the research and production of complete aviation weapons and equipment and their accessories and mainly focuses on the aviation industry.

Executives

Huang Ping	Director
Liu Dong Ping	Directors, executives
Kang Xue Jun	Director
Yang Zhang Huai	Executives
Hu Yang Lin	Executives
Nan Xin Xing	Executives
Zhang Zhi Gang	Executives
Zhao Guo Qing	Executives
Zhou Yu	Executives
Yu Kang	Securities Affairs Representative
Zhao Hui Ying	Independent director
Luo Bao Jun	Director

AVIC Chengdu Aircraft Co Headlines

No Headlines