Liuzhou Chemical Industry Co (SHSE:600423) Momentum Rank : 7 (As of Jun. 03, 2024)

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What is Liuzhou Chemical Industry Co Momentum Rank?

Liuzhou Chemical Industry 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 Liuzhou Chemical Industry Co's Momentum Rank

For the Agricultural Inputs subindustry, Liuzhou Chemical Industry 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.

Liuzhou Chemical Industry Co's Momentum Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Liuzhou Chemical Industry Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Liuzhou Chemical Industry Co's Momentum Rank falls into.

Liuzhou Chemical Industry Co Momentum Rank Related Terms

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Liuzhou Chemical Industry Co (SHSE:600423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Liuzhou Chemical Industry Co Ltd (SHSE:600423) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 67, Beibei Road, Liuzhou City, Guangxi Zhuang Autonomous Region, Shenzhen, CHN, 545002

Website

http://www.lzhg.cn

Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.

Executives

Lu Sheng Yun	senior management
Wei Dong Mi	senior management
Pang Bang Yong	Supervisors
Yuan Zhi Gang	Director
Su Dong Sheng	Director
Wei Ting	senior management
Li Zhao Sheng	senior management
Liao Neng Cheng	Director
Tan Yong Qiang	Director
Huang Ji Zhong	senior management
Lin Bo	Supervisors

Liuzhou Chemical Industry Co (SHSE:600423) Headlines

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