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Chongqing Yuxin Pingrui Electronic Co (SZSE:301107) Momentum Rank : 0 (As of May. 28, 2024)


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What is Chongqing Yuxin Pingrui Electronic Co Momentum Rank?

Chongqing Yuxin Pingrui Electronic Co has the Momentum Rank of 0.

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.

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Chongqing Yuxin Pingrui Electronic Co (SZSE:301107) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chongqing Yuxin Pingrui Electronic Co Ltd (SZSE:301107) » Definitions » Momentum Rank
Comparable Companies
SHSE:603150 SZSE:300808 SHSE:605258 SHSE:688011 SZSE:301295 SZSE:000020 SZSE:301226 SZSE:301008 SZSE:301002 SZSE:001210 APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No. 992, Gaoteng Avenue, Jiulongpo District, Chongqing, CHN, 401329
Website
http://www.cqyx.com.cn
Chongqing Yuxin Pingrui Electronic Co Ltd is engaged in research and development, production and sales of core electronic control components for general gasoline engines and end products.
Executives
Ou De Quan Directors, executives
Tang Da Hu Supervisors
Li Zhi Gui Supervisors

Chongqing Yuxin Pingrui Electronic Co (SZSE:301107) Headlines

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