Fujian Cosunter Pharmaceutical Co (SZSE:300436) Momentum Rank : 6 (As of Dec. 12, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Fujian Cosunter Pharmaceutical Co Momentum Rank?

Fujian Cosunter Pharmaceutical Co has the Momentum Rank of 6.

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 Fujian Cosunter Pharmaceutical Co's Momentum Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Fujian Cosunter Pharmaceutical 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.

Fujian Cosunter Pharmaceutical Co's Momentum Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Fujian Cosunter Pharmaceutical Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Fujian Cosunter Pharmaceutical Co's Momentum Rank falls into.

Fujian Cosunter Pharmaceutical Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Fujian Cosunter Pharmaceutical Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Fujian Cosunter Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Fujian Cosunter Pharmaceutical Co Ltd (SZSE:300436) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Software Park, No. 89, Software Avenue, Block B, Building 10, Zone B, Gulou District, Fujian, Fuzhou, CHN, 350003

Website

http://www.cosunter.com

Fujian Cosunter Pharmaceutical Co Ltd is a pharmaceutical company engaged in the pharmaceutical production, sales and Research and Development. Its specialized in the field of hepatitis B medicine. Its product includes Fuganding-tenofovir disoproxil fumarate capsule, Enganding-Entecavir Capsules, He Ganding-Lamifuzed tablets and Agandan-adefovir dipivoxil tablets.

Executives

Li Guo Ping	Directors, executives
Huang Fu Hu	Directors, executives
Li Hong Ming	Directors, executives
Guan Jian Hui	Executives
Lin Xiao Hui	Directors, Directors, and Executives
Ye Li Qing	Director
Li Yuan Li	Supervisors
Zheng Li Feng	Supervisors
Li Guo Dong	Directors, executives

Fujian Cosunter Pharmaceutical Co Headlines

No Headlines