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Shenzhen Emperor Technology Co (SZSE:300546) Momentum Rank : 1 (As of May. 27, 2024)


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What is Shenzhen Emperor Technology Co Momentum Rank?

Shenzhen Emperor Technology Co has the Momentum Rank of 1.

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 Emperor Technology Co's Momentum Rank

For the Business Equipment & Supplies subindustry, Shenzhen Emperor Technology 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 Emperor Technology Co's Momentum Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shenzhen Emperor Technology Co's Momentum Rank falls into.



Shenzhen Emperor Technology Co Momentum Rank Related Terms

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Shenzhen Emperor Technology Co (SZSE:300546) Business Description

Traded in Other Exchanges
N/A
Address
Building 1, Software Industry Base, 9th Floor, Block C, Nanshan District, Shenzhen, CHN, 518000
Shenzhen Emperor Technology Co Ltd is engaged in the production and sale of equipment, customized software and systems for secure ID and smart card issuance, smart card fare payment, and rail transit in China.
Executives
Gao Jing Director
Lv Fen Qi Executives
Xie Xiang Yu Directors, executives
Chen Xian Biao Directors, executives
Zheng Song Directors, executives
Xue Feng Executives
Ge Wen Long Directors, executives
Jia Li Qiang Director
Yang Da Wei Director
Liu Xiu Fang Securities Affairs Representative
Tang Xiao Hong Supervisors
Lin Hui Independent director

Shenzhen Emperor Technology Co (SZSE:300546) Headlines

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