Zhefu Holding Group Co (SZSE:002266) Momentum Rank

: 8 (As of Today)

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Zhefu Holding Group Co has the Momentum Rank of 8.

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

For the Specialty Industrial Machinery subindustry, Zhefu Holding Group 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.

Zhefu Holding Group Co Momentum Rank Distribution

For the Industrial Products industry and Industrials sector, Zhefu Holding Group Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhefu Holding Group Co's Momentum Rank falls into.

Zhefu Holding Group Co Momentum Rank Related Terms

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Zhefu Holding Group Co (SZSE:002266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhefu Holding Group Co Ltd (SZSE:002266) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 177 Yingchun South Road, 25th Floor, Zhefu Building, County Town, Zhejiang Province, Tonglu, CHN, 311501

Website

http://www.zhefu.cn

Zhefu Holding Group Co Ltd is a China-based company engaged in the research, development, manufacture, and sale of large and medium-sized turbine-generators in China. Its products cover a variety of types and capacity including all sizes of conventional turbine generator units, tidal power generation units and pumped storage generating units. The company is also involved in the other business areas of hydropower, nuclear power, oil and gas, microfinance, among others.

Zhefu Holding Group Co (SZSE:002266) Headlines

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