Greenland Technologies Holding (Greenland Technologies Holding) Momentum Rank : 3 (As of May. 04, 2024)

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What is Greenland Technologies Holding Momentum Rank?

Greenland Technologies Holding has the Momentum Rank of 3.

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 Greenland Technologies Holding's Momentum Rank

For the Specialty Industrial Machinery subindustry, Greenland Technologies Holding'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.

Greenland Technologies Holding's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenland Technologies Holding's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Greenland Technologies Holding's Momentum Rank falls into.

Greenland Technologies Holding Momentum Rank Related Terms

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Greenland Technologies Holding (Greenland Technologies Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenland Technologies Holding Corp (NAS:GTEC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Millstone Road, Building 400, Suite 130, Zhejiang, East Windsor, NJ, USA, 08512

Website

https://ir.gtec-tech.com

Greenland Technologies Holding Corp is a developer of innovative and quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.

Executives

Raymond Z Wang	officer: CEO and President	STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Peter Wang	director, 10 percent owner
Jing Jin	officer: Chief Financial Officer	STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Ming Zhao	director	1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Bo Shen	director	11-F, BUILDING 12, SUNKIN PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Charles Athle Nelson	director	11-F, BUILDING 12, SUNKING PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Min Zhang	director	STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Everett Xiaolin Wang	director	STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Liu Yanming	director, 10 percent owner	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Lei Chen	officer: Chief Scientist	STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Greenland Asset Management Corp	10 percent owner	WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Hong Liang Lu	director	C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Cui Shan	director	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Tao Tang	director	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Jerry Zheng	officer: COO	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006