Jiangxi Firstar Panel Technology Co (SZSE:300256) Momentum Rank : 1 (As of May. 24, 2024)

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What is Jiangxi Firstar Panel Technology Co Momentum Rank?

Jiangxi Firstar Panel Technology Co has the Momentum Rank of 1.

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 Jiangxi Firstar Panel Technology Co's Momentum Rank

For the Electronic Components subindustry, Jiangxi Firstar Panel 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.

Jiangxi Firstar Panel Technology Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangxi Firstar Panel Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangxi Firstar Panel Technology Co's Momentum Rank falls into.

Jiangxi Firstar Panel Technology Co Momentum Rank Related Terms

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Jiangxi Firstar Panel Technology Co (SZSE:300256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangxi Firstar Panel Technology Co Ltd (SZSE:300256) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Building, Hongjiaxing Electronic Industry Base, Jiaojiang District, Zhejiang Province, Taizhou, CHN, 318015

Website

http://www.first-panel.com

Zhejiang Firstar Panel Technology Co Ltd is a China based company engaged in the manufacture and distribution of liquid crystal display window protection screen products. Its products include sight glass protective screens, touch screens, touch display modules, new display devices and relevant materials and modules. The products are used in panel mobile phones, panel computers and music displayers.

Executives

Mao Xiao Lin	Director
Chen Mei Fen	Executives
Li Wei Min	Directors, executives
Wang Xian Yu	Director
Shao Guo Feng	Executives
Pan Qing Shou	Director
Lin Hai Ping	Director
Ye Xian Yu	Director
Pan Ling Juan	Supervisors
Jing Meng	Executives
Wang Chun Qiao	Executives
Li Hai Fei	Director
Li Xue Jun	Supervisors

Jiangxi Firstar Panel Technology Co (SZSE:300256) Headlines

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