Shenzhen Jasic Technology Co (SZSE:300193) Momentum Rank : 9 (As of May. 05, 2025)

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What is Shenzhen Jasic Technology Co Momentum Rank?

Shenzhen Jasic Technology Co has the Momentum Rank of 9.

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 Shenzhen Jasic Technology Co's Momentum Rank

For the Tools & Accessories subindustry, Shenzhen Jasic 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.

Shenzhen Jasic Technology Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

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Shenzhen Jasic Technology Co Momentum Rank Related Terms

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Shenzhen Jasic Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Jasic Technology Co Ltd (SZSE:300193) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

4F, C2 Building, Hengfeng Industrial Park, Zhoushi Road Hezhou, Shenzhen, Guangdong, CHN

Website

http://www.jasic.com.cn

Shenzhen Jasic Technology Co Ltd is a manufacturer of inverter welding machines in China. It offers a range of products that include manual arc welding (MMA), argon-arc welding (TIG), argon-arc welding with pulse mode (TIG P), Argon-arc welding with direct and alternating current (TIG AC / DC), semi-automatic welding (MIG / MAG), Air-plasma cutting (CUT), and Automatic submerged arc welding (SAW).

Executives

Li Hong Po	Director
Pan Lei	Directors, executives
Zhang Zhi Ying	Supervisors
Luo Wei Hong	Directors, executives
Xia Ru Yi	Directors, executives
Luo Huai Hua	Supervisors
Li Rui	Directors, executives
Ma Dan Hua	Securities Affairs Representative
Wang Ying	Directors, executives
Xu Ai Ping	Director
	Directors, executives
Chen Chun Lin	Supervisors

Shenzhen Jasic Technology Co Headlines

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