Zanyu Technology Group Co (SZSE:002637) Momentum Rank : 8 (As of May. 24, 2024)

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What is Zanyu Technology Group Co Momentum Rank?

Zanyu Technology 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 of Zanyu Technology Group Co's Momentum Rank

For the Chemicals subindustry, Zanyu Technology 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.

Zanyu Technology Group Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zanyu Technology Group Co's Momentum Rank distribution charts can be found below:

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

Zanyu Technology Group Co Momentum Rank Related Terms

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Zanyu Technology Group Co (SZSE:002637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zanyu Technology Group Co Ltd (SZSE:002637) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 128 Cheng Tou Xiang, Zhejiang, Hangzhou, CHN, 310030

Website

http://www.zzytech.com

Zanyu Technology Group Co Ltd is specialized in research and development and manufacturing of surfactants and oleochemicals, and third-party testing services on food safety, environment, occupational health and others. The company offers stearic acid glycol ester, disodium laureth sulfosuccinate, fatty acid methyl ester sulfonic acid, sodium and ammonium lauryl sulfate, sodium and ammonium lauryl ether sulfate, and cocamidopropyl and dodecyl dimethyl betaine. Geographically, the activities are carried out through China.

Executives

Zou Huan Jin	Directors, executives
Ma Han	Executives
Xu Rong Nian	Executives
Zhang Guo Qiang	Director
Wang Yu Liang	Supervisors
Lou Dong Ping	Executives
Ren Guo Xiao	Directors, executives
Fang Yin Jun	Directors, executives
Hu Jian Pin	Executives
Hong Shu Peng	Director
Wang Jin Fei	Supervisors
Zhou Li	Executives
Hua Wen Gao	Supervisors
Gao Hui	Executives
Huang Ya Ru	Supervisors

Zanyu Technology Group Co (SZSE:002637) Headlines

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