Zhejiang Founder Motor Co (SZSE:002196) Momentum Rank : 7 (As of May. 25, 2024)

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What is Zhejiang Founder Motor Co Momentum Rank?

Zhejiang Founder Motor 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 Zhejiang Founder Motor Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Founder Motor Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Founder Motor Co's Momentum Rank falls into.

Zhejiang Founder Motor Co Momentum Rank Related Terms

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Zhejiang Founder Motor Co (SZSE:002196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Founder Motor Co Ltd (SZSE:002196) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24 Tianning Industrial Zone, Lishui, Zhejiang, CHN, 323000

Website

http://www.fdm.com.cn

Zhejiang Founder Motor Co Ltd is a China-based company engaged in research and development, production and sale of micro special motors. The company is also specialized in energy-saving and new-energy vehicle drivetrains and automotive control systems. Its products include EV motors, automotive motors, energy vehicle motor drives, energy commercial vehicle drive systems, and car controls. The company's products are used in low-speed electric vehicles, light trucks, low-voltage electric vehicles, passenger cars and engineering vehicles.

Executives

Zhang Chi	Director
Niu Ming Kui	Executives
Yang Xiao Hong	Supervisors
Zhang Min	Directors, executives
Mou Jian	Secretary, Director
Weng Wei Wen	Director
Zhou Jian	Supervisors
Ma Bin Wu	Supervisors
Zheng Lian Ming	Independent director
Cai Jun Biao	Director
Mao Xiao Jian	Director
Shu Lin Yan	Securities Affairs Representative
Shen Hu	Supervisors
Liu Guo Ping	Director
Qian Jin	Director

Zhejiang Founder Motor Co (SZSE:002196) Headlines

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