Changsha Dialine New Material Sci.&Tech. Co (SZSE:300700) Momentum Rank : 10 (As of May. 06, 2025)

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What is Changsha Dialine New Material Sci.&Tech. Co Momentum Rank?

Changsha Dialine New Material Sci.&Tech. Co has the Momentum Rank of 10.

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 Changsha Dialine New Material Sci.&Tech. Co's Momentum Rank

For the Electrical Equipment & Parts subindustry, Changsha Dialine New Material Sci.&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.

Changsha Dialine New Material Sci.&Tech. Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changsha Dialine New Material Sci.&Tech. Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Changsha Dialine New Material Sci.&Tech. Co's Momentum Rank falls into.

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Changsha Dialine New Material Sci.&Tech. Co Momentum Rank Related Terms

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Changsha Dialine New Material Sci.&Tech. Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changsha Dialine New Material Sci.&Tech. Co Ltd (SZSE:300700) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 108, Huanlian Road, Changsha High-tech Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.diamsaw.com

Changsha Dialine New Material Sci.&Tech. Co Ltd is specializing in the research and development, and manufacture and sales of diamond wire in China. The company's products are mainly used for the cutting of hard and brittle materials such as crystalline silicon and sapphire.

Executives

Duan Zhi Yong	Directors, executives
Zhong Jian Ming	Directors, executives
Kang Jie Jiao	Directors, executives
Li Tong	Supervisors
Zhou Jia Hua	Directors, executives
Yang Hui Huang	Director
Duan Zhi Ming	Director
Liu Hong Bo	Independent director
Kuang Yi Xin	Directors, executives
Li Jun	Supervisors

Changsha Dialine New Material Sci.&Tech. Co Headlines

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