Shenzhen FRD Science & Techonology Co (SZSE:300602) Momentum Rank : 8 (As of Jan. 18, 2025)

View and export this data going back to 2017. Start your Free Trial

What is Shenzhen FRD Science & Techonology Co Momentum Rank?

Shenzhen FRD Science & Techonology Co has the Momentum Rank of 8.

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 Shenzhen FRD Science & Techonology Co's Momentum Rank

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen FRD Science & Techonology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's Momentum Rank falls into.

Shenzhen FRD Science & Techonology Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Shenzhen FRD Science & Techonology Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen FRD Science & Techonology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen FRD Science & Techonology Co Ltd (SZSE:300602) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055

Website

http://www.frd.cn

Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.

Executives

Shi Wei Min	Executives
Ma Fei	Director
Du Jin Song	Directors, executives
Zhang Quan Hong	Executives
Xie Huo Gui	Supervisors
Liu Yi	Executives
Wang Yan	Directors, executives
Ma Jun	Directors, executives
Lan Yu Hong	Executives
Qiu Huan Wen	Directors, executives
Lai Xiang Dong	Independent director

Shenzhen FRD Science & Techonology Co Headlines

No Headlines