Shenzhen Fluence Technology (SZSE:300647) Momentum Rank : 9 (As of Mar. 24, 2025)

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What is Shenzhen Fluence Technology Momentum Rank?

Shenzhen Fluence Technology has the Momentum Rank of 9.

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 Shenzhen Fluence Technology's Momentum Rank

For the Computer Hardware subindustry, Shenzhen Fluence Technology'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 Fluence Technology's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Fluence Technology's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Fluence Technology's Momentum Rank falls into.

Shenzhen Fluence Technology Momentum Rank Related Terms

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Shenzhen Fluence Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Fluence Technology PLC (SZSE:300647) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 475, Huangge North Road, A701, Building 1, Entrepreneurship Park, Longgang District, Shenzhen, CHN, 518172

Website

http://www.pccooler.cn

Shenzhen Fluence Technology PLC is involved in the research, development, manufacture and sales of radiators and heatsinks for electronic products. In addition, it also provides heat dissipating solutions for PC and LED, and comprehensive after-sales services. The company's product offerings include CPU radiator, VGA radiator, LED heatsinks and other related accessories.

Executives

Huang Hai Yan	Executives
Liu Wei Hong	Executives
Wang Jun	Directors, executives
Lei Jin Hua	Executives
Zhang Zheng Hua	Directors, executives
Li Guang Yao	Directors, executives
Dai Yong Xiang	Director
Ye Wei Xin	Directors, executives
Du Jian Jun	Directors, executives
Shuai Wei	Supervisors
Luo Li Yun	Securities Affairs Representative
Mao Song	Executives
Liu Hu	Supervisors

Shenzhen Fluence Technology Headlines

No Headlines