Berry Genomics Co (SZSE:000710) Momentum Rank : 4 (As of May. 26, 2024)

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What is Berry Genomics Co Momentum Rank?

Berry Genomics Co has the Momentum Rank of 4.

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 Berry Genomics Co's Momentum Rank

For the Biotechnology subindustry, Berry Genomics 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.

Berry Genomics Co's Momentum Rank Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Berry Genomics Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Berry Genomics Co's Momentum Rank falls into.

Berry Genomics Co Momentum Rank Related Terms

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Berry Genomics Co (SZSE:000710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Berry Genomics Co Ltd (SZSE:000710) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Life Park Road, Building 5, Courtyard 4, Science and Technology Park, Changping District, Beijing, CHN

Website

http://www.berrygenomics.com

Berry Genomics Co Ltd is an innovative biotechnology company. It providess gene sequencing detection equipment and services.

Executives

Gao Yang	Directors, executives
Hou Ying	Directors, executives
Wang Yu Jing	Supervisors
Wang Dong	Directors, executives
Zhou Dai Xing	Directors, executives
Ou Yang Xiang Yu	Supervisors
Li Guang Chao	Independent director
Gu Zhong Guo	Directors, executives
Wen Wu	Director
Ding Xian Xing	Supervisors

Berry Genomics Co (SZSE:000710) Headlines

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