Xingyuan Environment Technology Co (SZSE:300266) Momentum Rank : 2 (As of Jun. 22, 2024)

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What is Xingyuan Environment Technology Co Momentum Rank?

Xingyuan Environment 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 Xingyuan Environment Technology Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Xingyuan Environment 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.

Xingyuan Environment Technology Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

Xingyuan Environment Technology Co Momentum Rank Related Terms

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Xingyuan Environment Technology Co (SZSE:300266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xingyuan Environment Technology Co Ltd (SZSE:300266) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1588, Wangmei Road, Yuhang District, Zhejiang, Hangzhou, CHN, 311100

Website

http://www.xingyuan.com

Xingyuan Environment Technology Co Ltd is engaged in providing environmental management integrated services. It primarily focuses on eco-friendly, ecological landscape and ecological water conservancy divisions. It offers water treatment technologies, provides sewage treatment technology systems, offers products for the reuse of reclaimed water. In addition, it provides landscape architecture services in the fields of a river system, lake and reservoir, garden, road, and others. Further, the group has formed a whole industrial chain layout covering high-end equipment manufacturing, environmental pollution control and ecological restoration, ecological environment construction and operation, ecological and cultural tourism, and smart environmental protection.

Executives

Sun Ming Fei	Executives
Tong Qing Chun	Executives
Fu Jun Min	Executives
Li Hong Shun	Supervisors
Sheng Zi Xia	Director
Zhong Wei Yao	Directors, executives
Fan Jian Guo	Supervisors
Shen Shao Hong	Director
Zhang Zheng Hong	Supervisors
Xia Li Ping	Director
Wang Guo Feng	Director
Huan Ming Xiang	Executives

Xingyuan Environment Technology Co (SZSE:300266) Headlines

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