GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minsur SA (LIM:MINSURI1) » Definitions » Momentum Rank

Minsur (LIM:MINSURI1) Momentum Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Minsur Momentum Rank?

Minsur 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.

Minsur Momentum Rank Related Terms

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

Minsur (LIM:MINSURI1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minsur SA (LIM:MINSURI1) » Definitions » Momentum Rank
Comparable Companies
LIM:VOLCAAC1 LIM:NEXAPEC1 LIM:BROCALC1 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN TSX:TECK.B HKSE:03993 BOM:500188 SHSE:600111 ASX:S32 BOM:500295 TSX:IVN
Traded in Other Exchanges
N/A
Address
Jiron Giovanni Batista Lorenzo Bernini 149, Office 501A, San Borja, Lima, PER, 27
Website
https://www.minsur.com
Minsur SA is engaged in the production and selling of gold, metallic tin, and other minerals. The company has three production units, namely: San Rafael MU, SPR in Pisco, and Pucamarca MU. Its operating segments include the production and marketing of tin and gold extracted from Peru and Brazil, and other mining exploration activities in Peru and Chile. The company's main customers are located in Europe, the USA, Canada, Japan, Latin America, and Peru.

Minsur (LIM:MINSURI1) Headlines

No Headlines