Zhuhai Enpower Electric Co (SZSE:300681) Momentum Rank : 3 (As of May. 03, 2025)

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What is Zhuhai Enpower Electric Co Momentum Rank?

Zhuhai Enpower Electric Co has the Momentum Rank of 3.

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 Zhuhai Enpower Electric Co's Momentum Rank

For the Auto Parts subindustry, Zhuhai Enpower Electric 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.

Zhuhai Enpower Electric Co's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhuhai Enpower Electric Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhuhai Enpower Electric Co's Momentum Rank falls into.

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Zhuhai Enpower Electric Co Momentum Rank Related Terms

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Zhuhai Enpower Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhuhai Enpower Electric Co Ltd (SZSE:300681) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 7, Science and Technology 6 Road, Tangjiawan Town, High-tech Zone, Guangdong Province, Zhuhai, CHN, 519085

Website

http://www.in-powercar.com

Zhuhai Enpower Electric Co Ltd operates in the auto parts industry. The company is specializing in an electric vehicle motor control system technology. Its main business activities consist of development, production and sales of key components for electric vehicles supplemented by onboard chargers, DC-DC converters, and electronic accelerator pedals. The company's products are widely used in new energy source cars, medium and low-speed electric vehicles, venue electric vehicles and other fields.

Executives

Li Hong Yu	Directors, executives
Xin Peng	Executives
He Wen Tao	Directors, executives
Wei Biao	Directors, executives
Jiang Gui Bin	Director
Ruan Bin	Director

Zhuhai Enpower Electric Co Headlines

No Headlines