Leaguer (Shenzhen) Microelectronics (SHSE:688589) Momentum Rank : 7 (As of May. 30, 2024)

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What is Leaguer (Shenzhen) Microelectronics Momentum Rank?

Leaguer (Shenzhen) Microelectronics 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 Leaguer (Shenzhen) Microelectronics's Momentum Rank

For the Semiconductors subindustry, Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Leaguer (Shenzhen) Microelectronics's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Leaguer (Shenzhen) Microelectronics's Momentum Rank falls into.

Leaguer (Shenzhen) Microelectronics Momentum Rank Related Terms

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Leaguer (Shenzhen) Microelectronics (SHSE:688589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Leaguer (Shenzhen) Microelectronics Corp (SHSE:688589) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xili Street, 1101, 11th Floor, Research Building, High-tech Industrial Park, Tsinghua Information Port, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.leaguerme.com

Leaguer (Shenzhen) Microelectronics Corp is engaged in independent research and development of the core basic technology and underlying algorithms of the Internet of Things communication and integrate the research and development results into the independently designed Internet of Things communication chip. It is an IC company focusing on power line communication (PLC) ASIC products and module solutions for smart things connectivity. Its products include ASIC Chips & Solutions for Smart Things Connectivity and Narrow-band & High-speed PLC Technology and IC.

Executives

Feng Zhen Gang	Director
Gao Feng	senior management
Huang Xing Ping	Directors, senior managers
Chen Li Heng	Directors, senior managers, core technical personn
Zhang Zhi Yu	Senior management, core technical personnel
Wu Ying	senior management
Zhong Li Hui	senior management
	Directors, senior managers, core technical personn
Li Hai Xia	senior management
Zhu Yong	Core technical personnel
Zhou Xiao Xin	Core technical personnel
Zhou Shi Quan	senior management
Cao Xin Yu	Supervisors

Leaguer (Shenzhen) Microelectronics (SHSE:688589) Headlines

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