Kaiyuan Education Technology Group Co (SZSE:300338) Momentum Rank : 3 (As of Dec. 15, 2024)

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What is Kaiyuan Education Technology Group Co Momentum Rank?

Kaiyuan Education Technology Group Co has the Momentum Rank of 3.

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 Kaiyuan Education Technology Group Co's Momentum Rank

For the Scientific & Technical Instruments subindustry, Kaiyuan Education Technology 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.

Kaiyuan Education Technology Group Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kaiyuan Education Technology Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kaiyuan Education Technology Group Co's Momentum Rank falls into.

Kaiyuan Education Technology Group Co Momentum Rank Related Terms

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Kaiyuan Education Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kaiyuan Education Technology Group Co Ltd (SZSE:300338) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.172 Kaiyuan Road, Economic and Technological Development Zone, Hunan Province, Changsha, CHN, 410100

Website

http://www.chs5e.com

Kaiyuan Education Technology Group Co Ltd formerly Changsha Kaiyuan Instruments Co Ltd is engaged in coal quality testing equipment research and development, production, sales, and service. Its products cover coal quality testing equipment in the sampling equipment and laboratory equipment.

Executives

Li Dao Rong	Supervisors
Jiang Yong	Director
Li Bai Chao	Executives
Peng Min	Directors, Directors, and Executives
Luo Jian Wen	Director
Zhao Jun	Directors, executives
Guo Jian Feng	Directors, executives
Luo Xu Dong	Directors, executives
Hu Guang Bin	Supervisors
Chen Fang Chi	Supervisors
Peng Hai Yan	Executives
Luo Xiao Le	Securities Affairs Representative
Zhang Yu Lan	Supervisors
He Jian Jiang	Executives

Kaiyuan Education Technology Group Co Headlines

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