Jiangsu Canlon Building Materials Co (SZSE:300715) Momentum Rank : 8 (As of Mar. 23, 2025)

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What is Jiangsu Canlon Building Materials Co Momentum Rank?

Jiangsu Canlon Building Materials Co has the Momentum Rank of 8.

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 Jiangsu Canlon Building Materials Co's Momentum Rank

For the Building Materials subindustry, Jiangsu Canlon Building Materials 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.

Jiangsu Canlon Building Materials Co's Momentum Rank Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jiangsu Canlon Building Materials Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Jiangsu Canlon Building Materials Co's Momentum Rank falls into.

Jiangsu Canlon Building Materials Co Momentum Rank Related Terms

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Jiangsu Canlon Building Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Jiangsu Canlon Building Materials Co Ltd (SZSE:300715) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No.8, Hengtong Road, Qidu Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215234

Website

http://www.canlon.com.cn

Jiangsu Canlon Building Materials Co Ltd is a China-based company engages in the manufacturing of waterproofing materials. Its products range include macromolecule membrane, PVC waterproofing membrane, CL-TPO thermoplastic, self-adhesive membrane and waterproof coatings. It offers its solution in residential constructions, metal roofing systems, tunnels, and pitched roof wooden structures.

Executives

Li Zhong Ren	Directors, executives
Wang Zhi Yang	Supervisors
Liu Ji Ming	Supervisors
Zhang Yong	Directors, executives
Chen Hong Jin	Executives
Zhu Qing Qi	Securities Affairs Representative
Qian Lin Di	Director

Jiangsu Canlon Building Materials Co Headlines

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