ARSS Infrastructure Projects (BOM:533163) Momentum Rank : 4 (As of May. 27, 2024)

View and export this data going back to 2010. Start your Free Trial

What is ARSS Infrastructure Projects Momentum Rank?

ARSS Infrastructure Projects 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 ARSS Infrastructure Projects's Momentum Rank

For the Infrastructure Operations subindustry, ARSS Infrastructure Projects'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.

ARSS Infrastructure Projects's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, ARSS Infrastructure Projects's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ARSS Infrastructure Projects's Momentum Rank falls into.

ARSS Infrastructure Projects Momentum Rank Related Terms

Thank you for viewing the detailed overview of ARSS Infrastructure Projects's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

ARSS Infrastructure Projects (BOM:533163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ARSS Infrastructure Projects Ltd (BOM:533163) » Definitions » Momentum Rank

Traded in Other Exchanges

ARSSINFRA:India

Address

ARSS Mall, Plot No-40, Community Centre, Block-A, Paschim Vihar, Opposite to Jwalaheri Market, New Delhi, IND, 110063

Website

http://www.arssgroup.in

ARSS Infrastructure Projects Ltd is a construction company based in India. The company is engaged in the execution of contracts for various infrastructure projects including road work, bridgework, railway tracks, and irrigation projects.

ARSS Infrastructure Projects (BOM:533163) Headlines

No Headlines