Lier Chemical Co (SZSE:002258) Momentum Rank : 5 (As of Jun. 08, 2024)

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What is Lier Chemical Co Momentum Rank?

Lier Chemical Co has the Momentum Rank of 5.

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 Lier Chemical Co's Momentum Rank

For the Agricultural Inputs subindustry, Lier Chemical 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.

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

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

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

Lier Chemical Co Momentum Rank Related Terms

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Lier Chemical Co (SZSE:002258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Lier Chemical Co Ltd (SZSE:002258) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic and Technological Development Zone, Mianyang, Sichuan, CHN, 621000

Website

http://www.lierchem.com

Lier Chemical Co Ltd is engaged in the research and development, production and sales of pesticides like chloropyridines, organophosphates, sulfonylureas, and substituted ureas. The types of products of the company are herbicides, insecticides, and fungicides.

Executives

Liu Hui Hua	Executives
Liu Jun	Directors, executives
Li Jiang	Executives
Cheng Ke	Executives
Jin Jian Li	Director
Lai Hong Gang	Director
Li Yan Fei	Executives
Qiu Feng	Executives
Luo Rong Zhen	Executives
Yin Ying Sui	Director
Tan Fen Fang	Supervisors
Zhou Qian Jun	Executives
Yan Xuan	Executives
Liu Xiao Wei	Executives
Gu Mei Hua	Executives

Lier Chemical Co (SZSE:002258) Headlines

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