Guangzhou Goaland Energy Conservation Tech Co (SZSE:300499) Momentum Rank : 6 (As of May. 04, 2025)

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What is Guangzhou Goaland Energy Conservation Tech Co Momentum Rank?

Guangzhou Goaland Energy Conservation Tech 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 Guangzhou Goaland Energy Conservation Tech Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Guangzhou Goaland Energy Conservation Tech 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.

Guangzhou Goaland Energy Conservation Tech Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Goaland Energy Conservation Tech Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Guangzhou Goaland Energy Conservation Tech Co's Momentum Rank falls into.

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Guangzhou Goaland Energy Conservation Tech Co Momentum Rank Related Terms

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Guangzhou Goaland Energy Conservation Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Goaland Energy Conservation Tech Co Ltd (SZSE:300499) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Nanyun 5th Road, High-tech Industrial Development Zone, Science City, Guangzhou, CHN, 510663

Website

http://www.goaland.com.cn

Guangzhou Goaland Energy Conservation Tech Co Ltd is a supplier of pure water cooling equipment for domestic power electronic devices. Its products include DC transmission converter valve pure water, Cooling equipment, new energy power converter, pure water cooling equipment, flexible AC transmission and distribution thyristor valve, pure water cooling equipment, high-power electric drive inverter, pure water cooling equipment and control systems for all types of water-cooled equipment.

Executives

Li Qi	Director
Guan Sheng Li	Directors, executives
Liang Qing Li	Executives
Xie Rong Qin	Secretary Dong
Tang Hong	Director
Zhu Zhi Hong	Supervisors
Liao Cui	Securities Affairs Representative
Wu Wen Wei	Director

Guangzhou Goaland Energy Conservation Tech Co Headlines

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