Fujian Yongfu Power Engineering Co (SZSE:300712) Momentum Rank : 5 (As of May. 06, 2025)

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What is Fujian Yongfu Power Engineering Co Momentum Rank?

Fujian Yongfu Power Engineering Co has the Momentum Rank of 5.

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 Fujian Yongfu Power Engineering Co's Momentum Rank

For the Engineering & Construction subindustry, Fujian Yongfu Power Engineering 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.

Fujian Yongfu Power Engineering Co's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujian Yongfu Power Engineering Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Fujian Yongfu Power Engineering Co's Momentum Rank falls into.

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Fujian Yongfu Power Engineering Co Momentum Rank Related Terms

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Fujian Yongfu Power Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujian Yongfu Power Engineering Co Ltd (SZSE:300712) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

High-tech Avenue, Haixi Science and Technology Park, Fujian Provience, Minhou County, Fuzhou, CHN, 350108

Website

http://www.fjyfdl.com

Fujian Yongfu Power Engineering Co Ltd is engaged in the provision of consultancy and survey and design services for electric power engineering to domestic and foreign customers. It also provides engineering, procurement, and construction general contracting projects process management services. The company is organized into four major operating divisions - electric power planning and pre-construction consulting, power generation engineering survey and design, power transmission and transformation engineering investigation design, and project general contracting.

Executives

Song Fa Xing	Executives
Zhuo Xiu Zhe	Executives

Fujian Yongfu Power Engineering Co Headlines

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