Shenzhen Center Power Tech Co (SZSE:002733) Momentum Rank : 8 (As of Jun. 05, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Shenzhen Center Power Tech Co Momentum Rank?

Shenzhen Center Power Tech Co has the Momentum Rank of 8.

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 Shenzhen Center Power Tech Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Shenzhen Center Power Tech 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.

Shenzhen Center Power Tech Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Center Power Tech Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Center Power Tech Co's Momentum Rank falls into.

Shenzhen Center Power Tech Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Shenzhen Center Power Tech Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Center Power Tech Co (SZSE:002733) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Center Power Tech Co Ltd (SZSE:002733) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Center Power Industrial Park, Tongfu Industrial District, Dapeng Town, Shenzhen, CHN, 518120

Website

http://www.senry-batt.com

Shenzhen Center Power Tech Co Ltd is engaged in manufacturing in VRLA batteries & sealed lead-acid battery. It produces AGM series, GEL series, Telecom series, Deep cycle series, and Electric Vehicle series for diversified industries.

Executives

Zhang Hua Nong	Secretary, Director
Chen Hong	Directors, executives
Zhao Xiao Li	Director
Liu Ming Hao	Supervisors
Lai Xin Hua	Supervisors
Li Jian	Director

Shenzhen Center Power Tech Co (SZSE:002733) Headlines

No Headlines