Shenzhen Changfang Group Co (SZSE:300301) Momentum Rank : 6 (As of May. 05, 2025)

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What is Shenzhen Changfang Group Co Momentum Rank?

Shenzhen Changfang Group Co has the Momentum Rank of 6.

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 Changfang Group Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Shenzhen Changfang Group 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 Changfang Group Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

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Shenzhen Changfang Group Co Momentum Rank Related Terms

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Shenzhen Changfang Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Changfang Group Co Ltd (SZSE:300301) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 6 Juliu Road, Zhukeng Community, Longtian Street, Floor 5, Office Building, Changfang Lighting Industrial Factory, Building D, Pingshan District, Shenzhen, CHN, 518110

Website

https://www.cfled.com

Shenzhen Changfang Group Co Ltd is engaged in research and development, design, production and sales of LED lighting source devices and LED lighting products, belonging to the semiconductor industry of electronic components industry. It is focused on the packaging of white LEDs for lighting, and downstream lighting. Its products include in-line and SMD LED lighting source devices, flashlights, rechargeable eye protection desk lamps, and portable devices, searchlights, emergency lights, horse lights, headlights, rechargeable energy-saving lamps, mosquito killers and electric mosquito swatters, multi-function mobile power supplies.

Executives

Xie Run Qiu	Supervisors
Nie Wei	Director
Li Di Chu	Directors, executives
Jiang Wei	Directors, executives
Deng Zi Quan	Directors, executives
Yang Wen Hao	Executives
Niu Wen Chao	Executives
Li Hai Jian	Secretary Dong
Meng Ling Bao	Supervisors
Deng Zi Zhang	Director
Huang Jin Zhang	Executives
Su Jin Yan	Supervisors

Shenzhen Changfang Group Co Headlines

No Headlines