SGSG Science & Technology Co Zhuhai (SZSE:300561) Momentum Rank : 4 (As of Jun. 10, 2024)

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What is SGSG Science & Technology Co Zhuhai Momentum Rank?

SGSG Science & Technology Co Zhuhai 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 SGSG Science & Technology Co Zhuhai's Momentum Rank

For the Software - Infrastructure subindustry, SGSG Science & Technology Co Zhuhai'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.

SGSG Science & Technology Co Zhuhai's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, SGSG Science & Technology Co Zhuhai's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SGSG Science & Technology Co Zhuhai's Momentum Rank falls into.

SGSG Science & Technology Co Zhuhai Momentum Rank Related Terms

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SGSG Science & Technology Co Zhuhai (SZSE:300561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SGSG Science & Technology Co Ltd Zhuhai (SZSE:300561) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Software Park Road, Convention and Exhibition Center, 3rd floor, No. 3, Zhuhai, CHN, 519085

Website

http://www.sgsg.cc

SGSG Science & Technology Co Ltd Zhuhai is specializing in the research and development and sales of IoT security electronic information technology products. It provides professional solutions and services for operations management, risk control, network transformation and channel construction of financial industry customers, government departments, enterprises and institutions. The company's main products and solutions consist of financial AI solution, financial mobile industry solutions, smart bank (Dot) solution, bank vault and seal management solution, self-service equipment plus banknote management solution, and real logistics management solutions.

Executives

Chen Zhe	Directors, executives
Ma Zheng	Directors, executives
He Yan	Securities Affairs Representative
Ma Xiao Li	Executives
Cai Lin Sheng	Secretary Dong
Luo Xiu Hong	Supervisors

SGSG Science & Technology Co Zhuhai (SZSE:300561) Headlines

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