Changshu Tianyin Electromechanical Co (SZSE:300342) Momentum Rank : 10 (As of Mar. 24, 2025)

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What is Changshu Tianyin Electromechanical Co Momentum Rank?

Changshu Tianyin Electromechanical Co has the Momentum Rank of 10.

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 Changshu Tianyin Electromechanical Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Changshu Tianyin Electromechanical 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.

Changshu Tianyin Electromechanical Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changshu Tianyin Electromechanical Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Changshu Tianyin Electromechanical Co's Momentum Rank falls into.

Changshu Tianyin Electromechanical Co Momentum Rank Related Terms

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Changshu Tianyin Electromechanical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changshu Tianyin Electromechanical Co Ltd (SZSE:300342) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 8, Yingbin Road, Bixi New District, Changshu, Jiangsu, Suzhou, CHN, 215513

Website

http://www.tyjd.cc

Changshu Tianyin Electromechanical Co Ltd is engaged in research, development, and production of refrigerator compressors supporting parts of the Company.

Executives

Zhao Yun Wen	Directors, executives
Hua Juan	Supervisors
Zhang Xin	Director
Xu Ting	Director
Qian Yue	Independent director

Changshu Tianyin Electromechanical Co Headlines

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