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Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Momentum Rank : 9 (As of Jun. 25, 2024)


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What is Jiangxi Fushine Pharmaceutical Co Momentum Rank?

Jiangxi Fushine Pharmaceutical Co has the Momentum Rank of 9.

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 Jiangxi Fushine Pharmaceutical Co's Momentum Rank

For the Biotechnology subindustry, Jiangxi Fushine 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.


Jiangxi Fushine Pharmaceutical Co's Momentum Rank Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jiangxi Fushine Pharmaceutical Co's Momentum Rank distribution charts can be found below:

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



Jiangxi Fushine Pharmaceutical Co Momentum Rank Related Terms

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Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Business Description

Traded in Other Exchanges
N/A
Address
No.2 YULI Industrial Zone, Changjiang district, Jiangxi Province, Jingdezhen, CHN, 333000
Jiangxi Fushine Pharmaceutical Co Ltd is engaged in research and development, manufactures and sells APIs and pharmaceutical intermediates. It offers penicillin, carbapenem, and other products.
Executives
Bao Jian Hua Directors, executives
Li Hui Yue Director
Peng Yun Secretary Dong
Dai Zhen Liang Executives
Yang Guang Executives
Chen Ying Hui Executives
Ke Dan Director
Xu Chun Xia Directors, executives
Yu Wen Jun Director
Cheng Rong Wu Directors, executives
Liu Ying Executives
Liu Zhi Min Executives
Tang De Ping Executives
Wang Ying Mei Director

Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Headlines

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