TRS Information Technology Co (SZSE:300229) Momentum Rank : 2 (As of Jun. 25, 2024)

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What is TRS Information Technology Co Momentum Rank?

TRS Information Technology 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 TRS Information Technology Co's Momentum Rank

For the Software - Application subindustry, TRS Information 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.

TRS Information Technology Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, TRS Information Technology Co's Momentum Rank distribution charts can be found below:

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

TRS Information Technology Co Momentum Rank Related Terms

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TRS Information Technology Co (SZSE:300229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TRS Information Technology Co Ltd (SZSE:300229) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Datun Road, 16th Floor, Block B, West Tower, Chaoyang District, Beijing, CHN, 100101

Website

http://www.trs.com.cn

TRS Information Technology Co Ltd is a provider of artificial intelligence and big data technology and data services in China. The core business of a company includes software product development, industry application solutions and data analysis and mining cloud services, covering big data management, information security, Internet marketing and artificial intelligence.

Executives

He Dong Jiong	Secretary Dong
Cao Hui	Executives
Ma Xin Long	Executives
Xiao Shi Bin	Executives
Li Lin	Executives
Rong Shi	Director
Ling Hu Yong Xing	Executives
Yu Fang Hong	Independent director
Liu Rui Bao	Executives
Li Yu Qin	Director
Shi Shui Cai	Directors, executives
Wang Han Po	Independent director
Fu Jing	Securities Affairs Representative
Lin Chun Yu	Executives

TRS Information Technology Co (SZSE:300229) Headlines

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