Zee Learn (NSE:ZEELEARN) Momentum Rank : 9 (As of Jun. 08, 2024)

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

What is Zee Learn Momentum Rank?

Zee Learn has the Momentum Rank of 9.

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 Zee Learn's Momentum Rank

For the Education & Training Services subindustry, Zee Learn'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.

Zee Learn's Momentum Rank Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Zee Learn's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zee Learn's Momentum Rank falls into.

Zee Learn Momentum Rank Related Terms

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

Zee Learn (NSE:ZEELEARN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zee Learn Ltd (NSE:ZEELEARN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

533287:India

Address

135, Dr. Annie Besant Road, Continental Building, Worli, Mumbai, MH, IND, 400 018

Website

https://www.zeelearn.com

Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E-Learning Online Education and Testing. It operates through the Educational, Construction and Leasing for education and Training Manpower and related activities. The Educational segment provides learning solutions and delivers training. The Construction and Leasing segment consists of constructing and leasing properties for commercial use. The firm generates maximum revenue from its Educational segment.

Zee Learn (NSE:ZEELEARN) Headlines

No Headlines