Leo Group Co (SZSE:002131) Momentum Rank : 10 (As of May. 28, 2024)

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What is Leo Group Co Momentum Rank?

Leo Group Co has the Momentum Rank of 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.

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

Competitive Comparison of Leo Group Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Leo 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.

Leo Group Co's Momentum Rank Distribution in the Industrial Products Industry

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

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

Leo Group Co Momentum Rank Related Terms

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Leo Group Co (SZSE:002131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leo Group Co Ltd (SZSE:002131) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liou Road No. 1, Binhai Town, Zhejiang Province, Wenling, CHN, 317500

Website

http://www.chinapumps.com

Leo Group Co Ltd through its subsidiaries engages in research, development, manufacture, sale, and service of pumps and systems. Its products cover domestic pump, building pump, garden pump, HVAC pump and sewage pump. In addition, the company through its Dalian base specialized in the production of petrochemical pumps for crude oil transportation, crude oil refinery, heavy chemical industry, coal chemical industry and fine chemistry.

Executives

Chen Lin Fu	Directors, executives
Yan Tu Fu	Executives
Zhang Xu Bo	Directors, executives
Zheng Xiao Dong	Directors, executives
Huang Qing Wen	Executives
Cheng Yan	Supervisors
Lin Ren Yong	Supervisors
Wang Xiang Rong	Directors, executives
Yan Ling Qiang	Supervisors
Wang Zhuang Li	Director
Jiang Rui	Executives
Zhang Ling Zheng	Director

Leo Group Co (SZSE:002131) Headlines

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