Huludao Zinc Industry Co (SZSE:000751) Momentum Rank : 9 (As of May. 27, 2024)

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What is Huludao Zinc Industry Co Momentum Rank?

Huludao Zinc Industry 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 Huludao Zinc Industry Co's Momentum Rank

For the Other Industrial Metals & Mining subindustry, Huludao Zinc 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.

Huludao Zinc Industry Co's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Huludao Zinc Industry Co's Momentum Rank distribution charts can be found below:

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

Huludao Zinc Industry Co Momentum Rank Related Terms

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Huludao Zinc Industry Co (SZSE:000751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Huludao Zinc Industry Co Ltd (SZSE:000751) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

No. 24, Zinc Factory Road, Longgang District, Liaoning Province, Huludao, CHN, 125003

Website

http://www.hldxygf.com

Huludao Zinc Industry Co Ltd is a non-ferrous metal smelting enterprise in Northeast China and North China. The company's main business is zinc, copper and lead smelting and deep processing of products, processing of cadmium, indium, sulfuric acid and copper sulfate comprehensive utilization products. These products are widely used in metallurgy, machinery, electronics, medicine, chemical, military and other industries, exported to more than 20 countries and regions.

Executives

Zhang Xian Dong	Supervisors
Guo Zong Chang	Independent director
Shi Yan Liang	Supervisors
Bai Jin Zhu	Supervisors
Wang Feng Hua	Executives
Sun Bo	Supervisors
Wang Wen Li	Executives
Wang Zheng Qiang	Director
Jin Tie Shan	Director
Ren Shu Wei	Executives
Liu Jing Min	Supervisors, within half a year of separation
Gao Liang Bin	Director

Huludao Zinc Industry Co (SZSE:000751) Headlines

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