Beijing Bayi Space LCD Technology Co (SHSE:688181) Momentum Rank : 7 (As of Dec. 04, 2024)

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What is Beijing Bayi Space LCD Technology Co Momentum Rank?

Beijing Bayi Space LCD Technology Co has the Momentum Rank of 7.

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 Beijing Bayi Space LCD Technology Co's Momentum Rank

For the Electronic Components subindustry, Beijing Bayi Space LCD 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.

Beijing Bayi Space LCD Technology Co's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Bayi Space LCD Technology Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Beijing Bayi Space LCD Technology Co's Momentum Rank falls into.

Beijing Bayi Space LCD Technology Co Momentum Rank Related Terms

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Beijing Bayi Space LCD Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Bayi Space LCD Technology Co Ltd (SHSE:688181) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Liushui Road, 101, 1st-5th floors, Building 4, Yanshan East, Fangshan District, Beijing, CHN

Website

http://www.81lcd.com

Beijing Bayi Space LCD Technology Co Ltd engages in research and development, production and sales of liquid crystal display materials. The company's products are mixed liquid crystal materials such as high-performance thin film transistor TFT (Thin Film Transistor). Instrumentation and other terminal display fields. The products are used in mobile phones, notebooks, computer monitors and large-size LCD TVs.

Executives

Ge Si En	Director
Tian Hui Qiang	Supervisors, core technical personnel
Zhao Lei	Directors, senior managers
Chu Shi Hong	Core technical personnel

Beijing Bayi Space LCD Technology Co Headlines

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