Suzhou Sunmun Technology Co (SZSE:300522) Momentum Rank : 10 (As of Jun. 20, 2024)

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What is Suzhou Sunmun Technology Co Momentum Rank?

Suzhou Sunmun Technology Co has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Suzhou Sunmun Technology Co's Momentum Rank

For the Specialty Chemicals subindustry, Suzhou Sunmun Technology 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.

Suzhou Sunmun Technology Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Sunmun Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Suzhou Sunmun Technology Co's Momentum Rank falls into.

Suzhou Sunmun Technology Co Momentum Rank Related Terms

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Suzhou Sunmun Technology Co (SZSE:300522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Sunmun Technology Co Ltd (SZSE:300522) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 219, North Huangpujiang Road, Jiangsu Province, Kunshan, CHN, 215337

Website

http://www.smcolor.com.cn

Suzhou Sunmun Technology Co Ltd is a supplier of water-based colorant and computer toning integrated systems. It provides water-based colorant for a dispenser, synthetic leather, paint producing line, and textile printing. Its products include Water Based Colorant, Solvent-based Colorant, Ink, Tinting Software, and Color Chart. The colorant can be widely applied in the coloring areas like coating, latex products, paper, leather, textile, fiber, ink, and so on.

Executives

Du Zhang Sen	Executives
Lv Shi Ming	Directors, executives
Chen Jin	Director
Wang Yan	Director
Shao Yu Dong	Executives
Hu Yi Min	Supervisors

Suzhou Sunmun Technology Co (SZSE:300522) Headlines

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