Fuchun Technology Co (SZSE:300299) Momentum Rank : 4 (As of May. 27, 2024)

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What is Fuchun Technology Co Momentum Rank?

Fuchun 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 Fuchun Technology Co's Momentum Rank

For the Telecom Services subindustry, Fuchun 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.

Fuchun Technology Co's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fuchun Technology Co's Momentum Rank distribution charts can be found below:

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

Fuchun Technology Co Momentum Rank Related Terms

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Fuchun Technology Co (SZSE:300299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fuchun Technology Co Ltd (SZSE:300299) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 89, Tongpan Road, Building 25, Section C, Software Avenue, Gulou District, Fujian Province, Fuzhou, CHN, 350003

Website

http://www.forcom.com.cn

Fuchun Technology Co Ltd is engaged in the provision of communication network constructive technological services. The company provides network development scheme, plans, designs, construction management and business support for communication operators, governments and large enterprises.

Executives

Lin Jian Ping	Secretary Dong
Lin Mei	Executives
Chen Ping	Directors, executives
Mou Pin Zhang	Director
Fan Ping	Directors, executives
Ou Xin Yong	Supervisors
Xu Bin	Executives, directors
Huang Xi	Director
Weng Kun Peng	Supervisors

Fuchun Technology Co (SZSE:300299) Headlines

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