Puyang Huicheng Electronic Material Co (SZSE:300481) Momentum Rank : 2 (As of May. 24, 2024)

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What is Puyang Huicheng Electronic Material Co Momentum Rank?

Puyang Huicheng Electronic Material 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 Puyang Huicheng Electronic Material Co's Momentum Rank

For the Chemicals subindustry, Puyang Huicheng Electronic Material 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.

Puyang Huicheng Electronic Material Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Puyang Huicheng Electronic Material Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Puyang Huicheng Electronic Material Co's Momentum Rank falls into.

Puyang Huicheng Electronic Material Co Momentum Rank Related Terms

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Puyang Huicheng Electronic Material Co (SZSE:300481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Puyang Huicheng Electronic Material Co Ltd (SZSE:300481) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

West Section of Shengli Road, Henan Province, Puyang, CHN, 457000

Website

http://www.huichengchem.com

Puyang Huicheng Electronic Material Co Ltd is specialized in research, production, and trade of acid anhydrides and other functional material intermediates. The company exports its products to Europe, America and Southeast Asia. The company also offers esters, acids, amines, and other products.

Executives

Zhang Guo Min	Supervisors
Chen Shu Min	Directors, Directors, and Executives
Cui Fu Min	Executives
Wang Guo Qing	Directors, executives
Liu Xiang Yang	Supervisors
Zhao Zhi Yan	Executives
Tian Wei Bo	Executives
Wei Hong Gu	Securities Affairs Representative

Puyang Huicheng Electronic Material Co (SZSE:300481) Headlines

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