Hangzhou Century Co (SZSE:300078) Momentum Rank : 4 (As of May. 25, 2024)

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What is Hangzhou Century Co Momentum Rank?

Hangzhou Century 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 Hangzhou Century Co's Momentum Rank

For the Security & Protection Services subindustry, Hangzhou Century 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.

Hangzhou Century Co's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hangzhou Century Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Hangzhou Century Co's Momentum Rank falls into.

Hangzhou Century Co Momentum Rank Related Terms

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Hangzhou Century Co (SZSE:300078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hangzhou Century Co Ltd (SZSE:300078) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Shangcheng Economic, Scientific & Technological Park, 1418-48 Moganshan Road, Gongshu, Hangzhou, CHN

Website

http://www.century-cn.com

Hangzhou Century Co Ltd is engaged in providing electronic article surveillance (EAS) solutions and services. It also specializes in Radio Frequency Identification System (RFID) standardization, as well as the development and services of customized hardware products and industry application solutions. The company's EAS; Digital Display (ESL); Security Display; RFID and Source Tagging.

Executives

Wang Lin	Executives
Lu Nan	Director
Zhang Ji	Directors, executives
Shou Jin Hua	Supervisors
Wang Jun	Supervisors
Zhang Li Zhong	Directors, executives
Zhou Wei Li	Executives
Shang Wei	Executives
Yu Guo Hua	Directors, executives
Lan Zong Zhu	Director
Chen Wu Jun	Directors, executives
Jiang Shi Ping	Director
Wang Yong	Supervisors

Hangzhou Century Co (SZSE:300078) Headlines

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