Shandong Dongyue Organosilicon Materials Co (SZSE:300821) Momentum Rank : 10 (As of May. 27, 2024)

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What is Shandong Dongyue Organosilicon Materials Co Momentum Rank?

Shandong Dongyue Organosilicon Materials Co has the Momentum Rank of 10.

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 Shandong Dongyue Organosilicon Materials Co's Momentum Rank

For the Specialty Chemicals subindustry, Shandong Dongyue Organosilicon Materials 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.

Shandong Dongyue Organosilicon Materials Co's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Dongyue Organosilicon Materials Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shandong Dongyue Organosilicon Materials Co's Momentum Rank falls into.

Shandong Dongyue Organosilicon Materials Co Momentum Rank Related Terms

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Shandong Dongyue Organosilicon Materials Co (SZSE:300821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Dongyue Organosilicon Materials Co Ltd (SZSE:300821) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lizhai Village, Tangshan Town, Huantai County, Shandong Province, Zibo, CHN, 256401

Website

http://www.dyyjg.com

Shandong Dongyue Organosilicon Materials Co Ltd specializes in the research and development and sales of silicone materials. The company's products include silicone downstream processing products such as silicone rubber, silicone oil, fumed silica, and silicone intermediates. Its products include Monomer, Intermediate, Silicone Rubber, Silicone Oil, Silicone and Fumed Silica.

Executives

Wang Wei Dong	Secretary, Director
Yi Gang	Directors, executives
Yu Yuan	Executives
Zheng Jian Qing	Directors, executives
Zhang Zhe Feng	Director

Shandong Dongyue Organosilicon Materials Co (SZSE:300821) Headlines

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