BeiJing StarNeto Technology Co (SZSE:002829) Momentum Rank : 4 (As of May. 27, 2024)

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What is BeiJing StarNeto Technology Co Momentum Rank?

BeiJing StarNeto Technology Co has the Momentum Rank of 4.

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 BeiJing StarNeto Technology Co's Momentum Rank

For the Scientific & Technical Instruments subindustry, BeiJing StarNeto Technology 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.

BeiJing StarNeto Technology Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BeiJing StarNeto Technology Co's Momentum Rank distribution charts can be found below:

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

BeiJing StarNeto Technology Co Momentum Rank Related Terms

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BeiJing StarNeto Technology Co (SZSE:002829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BeiJing StarNeto Technology Co Ltd (SZSE:002829) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Lancangchang East Road, Unit 5, Building 4, Building 2, Haidian District, Beijing, CHN, 100097

Website

http://www.starneto.com

BeiJing StarNeto Technology Co Ltd is focused on inertial technology development and industrial application. The principal business activities include research and development, production and sales of inertial integrated navigation, inertial measurement, inertial stability control products. Its product range includes high precision satellite positioning and orientation products, fiber and laser inertial navigation products, tilt sensors, inertial measurement units, photoelectric pods, photoelectric forensics systems, infrared thermal imagers, smart driving test products and radar products such as wireless communication systems, conventional radar systems and miss distance measurement radars.

Executives

Wang Chao	Executives
Chi Jia Sheng	Director
Xu Ye Feng	Directors, executives
Li Guo Sheng	Director
Zhang You Liang	Supervisors
Li Xue Qin	Supervisors
Li Yan Zhuo	Supervisors
Shang Xiu Lei	Supervisors
Huang Jing Chao	Securities Affairs Representative

BeiJing StarNeto Technology Co (SZSE:002829) Headlines

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