Tianjin Motimo Membrane Technology Co (SZSE:300334) Momentum Rank : 2 (As of May. 27, 2024)

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What is Tianjin Motimo Membrane Technology Co Momentum Rank?

Tianjin Motimo Membrane Technology Co has the Momentum Rank of 2.

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 Tianjin Motimo Membrane Technology Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Tianjin Motimo Membrane 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.

Tianjin Motimo Membrane Technology Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Motimo Membrane Technology Co's Momentum Rank distribution charts can be found below:

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

Tianjin Motimo Membrane Technology Co Momentum Rank Related Terms

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Tianjin Motimo Membrane Technology Co (SZSE:300334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Motimo Membrane Technology Co Ltd (SZSE:300334) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

11th Street, TEDA, Tianjin, CHN, 300160

Website

http://www.motimo.com

Tianjin Motimo Membrane Technology Co Ltd is engaged in the research and development of membrane material and membrane process. In addition, the company is engaged in the production of the membrane module and membrane equipment. The company offers hollow fiber microfiltration and ultrafiltration membrane element and equipment. The products are widely used in municipal, power, steel and iron, petrochemical, spinning and weaving, food filed, water supply industries and pharmacy removal, separation, and concentration. Its products are exported to more than 20 countries.

Executives

Ye Quan	Director
Hu Xiao Yu	Executives
Dai Hai Ping	Executives
Li Xin Min	Director
Li Hong Gang	Executives
Qiu Guan Xiong	Supervisors
Liu Jian Li	Executives
Zhang Lin	Executives
Li Xiang De	Executives
Huan Guo Lan	Securities Affairs Representative
Zheng Chun Jian	Directors, executives

Tianjin Motimo Membrane Technology Co (SZSE:300334) Headlines

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