Sunwoda Electronic Co (SZSE:300207) Momentum Rank : 2 (As of Mar. 02, 2025)

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What is Sunwoda Electronic Co Momentum Rank?

Sunwoda Electronic Co has the Momentum Rank of 2.

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 Sunwoda Electronic Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Sunwoda Electronic 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.

Sunwoda Electronic Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

Sunwoda Electronic Co Momentum Rank Related Terms

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Sunwoda Electronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunwoda Electronic Co Ltd (SZSE:300207) » Definitions » Momentum Rank

Traded in Other Exchanges

Y7K:Germany

Address

No. 2, Yihe Road, Shiyan Street, Floor 1, 2nd Floor AB Area, 2nd Floor D Area-9th Floor, Comprehensive Building, Shilong Community, Bao'an District, Guangdong, Shenzhen, CHN, 518108

Website

https://www.sunwoda.com

Sunwoda Electronic Co Ltd is engaged in research and development, design, production and sales of lithium-ion battery modules. Sunwoda's Li-ion battery product covers li-ion batteries for mobile phone, digital camera, laptop, netbook, electronic paper book, power-driven tool, industrial mobile lighting, and medical equipment.

Executives

Xiao Guang Yu	Directors, executives
Zhou Ying	Supervisors
Yuan Hui Qiong	Supervisors
Huang Ying	Securities Affairs Representative
Ceng Di	Directors, executives
Wang Wei	Directors, executives
Zhou Xiao Xiong	Director
Wang Ji Bao	Directors, executives
Xiang Hai Biao	Executives
Wang Ming Wang	Executives, directors
Sun Wei	Directors, executives
Li Can Hui	Supervisors

Sunwoda Electronic Co Headlines

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