Shenzhen Zhilai Sci And Tech Co (SZSE:300771) Momentum Rank : 7 (As of Sep. 27, 2024)

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What is Shenzhen Zhilai Sci And Tech Co Momentum Rank?

Shenzhen Zhilai Sci And Tech Co has the Momentum Rank of 7.

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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Shenzhen Zhilai Sci And Tech Co's Momentum Rank

For the Security & Protection Services subindustry, Shenzhen Zhilai Sci And 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.

Shenzhen Zhilai Sci And Tech Co's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen Zhilai Sci And Tech Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Zhilai Sci And Tech Co's Momentum Rank falls into.

Shenzhen Zhilai Sci And Tech Co Momentum Rank Related Terms

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Shenzhen Zhilai Sci And Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen Zhilai Sci And Tech Co Ltd (SZSE:300771) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 1001 Xueyuan Avenue, 15th Floor, Building C3, Nanshan Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518052

Website

http://www.szzhilai.com

Shenzhen Zhilai Sci And Tech Co Ltd is a locker manufacturer based in China. It is specialized in electronic lockers research and development, manufacturing, sales and relative services. The product portfolio of the company includes Smart Parcel Locker, RFID Storage Locker and Random Barcode Locker among others.

Executives

Zhang Ou	Supervisors
Wang Xing Ping	Directors, executives
Yi Ming Li	Director
Wang He Ping	Independent director

Shenzhen Zhilai Sci And Tech Co Headlines

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