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Rosseti Moscow Region PJSC (MIC:MSRS) Momentum Rank : 0 (As of May. 24, 2024)


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What is Rosseti Moscow Region PJSC Momentum Rank?

Rosseti Moscow Region PJSC 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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Rosseti Moscow Region PJSC (MIC:MSRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rosseti Moscow Region PJSC (MIC:MSRS) » Definitions » Momentum Rank
Comparable Companies
MIC:MRKS MIC:DVEC MIC:MRKK MIC:VRSB MIC:RTSB MIC:KCHE MIC:TGKA MIC:MRKP MIC:MRKU MIC:NNSB NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED
Traded in Other Exchanges
N/A
Address
2 Paveletskiy Proezd, 3, Building 2, Moscow, RUS, 115114
Website
https://www.rossetimr.ru
Rosseti Moscow Region PJSC is a distribution electric grid company. The group's main activity is the provision of fee-based services for electricity transmission in Moscow and the Moscow Region. The group also provides technical connection services to electrical networks as part of its core operations. The company's reportable segments are Electricity transmission in Moscow, Electricity transmission in the Moscow Region, Connection services in Moscow, Connection services in the Moscow Region, and Others. The Other segment activities mainly represent rental income, installation services, repair, and technical maintenance of electrical equipment. The majority of revenue is derived from the Electricity transmission segment.

Rosseti Moscow Region PJSC (MIC:MSRS) Headlines

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