Zhejiang Garden Biopharmaceutical Co (SZSE:300401) Momentum Rank : 9 (As of Jun. 04, 2024)

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What is Zhejiang Garden Biopharmaceutical Co Momentum Rank?

Zhejiang Garden Biopharmaceutical Co has the Momentum Rank of 9.

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 Garden Biopharmaceutical Co's Momentum Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Garden Biopharmaceutical 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 Garden Biopharmaceutical Co's Momentum Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Garden Biopharmaceutical Co's Momentum Rank distribution charts can be found below:

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

Zhejiang Garden Biopharmaceutical Co Momentum Rank Related Terms

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Zhejiang Garden Biopharmaceutical Co (SZSE:300401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zhejiang Garden Biopharmaceutical Co Ltd (SZSE:300401) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 166, Street 20, Economic & Technological Development Zone, Zhejiang, Hangzhou, CHN, 310018

Website

http://www.hybiotech.com

Zhejiang Garden Biopharmaceutical Co Ltd is a China-based company. Along with its subsidiaries, the firm is engaged in the pharmaceutical manufacturing. Its business activities include research, production, and sale of vitamin D3, cholesterol, and lanolin products. Its products include lanolin alcohol pharma, lanolin alcohol cosmetic, cholesterol BP, vitamin D3 oil feed grade, vitamin D3 500 feed grade CWS, lanolin alcohol EP 200, among others.

Executives

Shao Xu Jun	Director
Liu Xiao Ping	Executives
Shao Qin Xiang	Director
Shao Jun Fang	Director
Liu Jian Gang	Directors, executives
Qian Guo Ping	Executives
Zhu Jian Xing	Supervisors
Yu Quan Heng	Directors, executives, directors
Ma Huan Zheng	Directors, executives
Li Hui Ying	Supervisors
Ma Wen De	Director
Chen Yi	Executives
Gu Yi Kang	Independent director

Zhejiang Garden Biopharmaceutical Co (SZSE:300401) Headlines

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