PKO Bank Polski (STU:P90) Momentum Rank : 6 (As of May. 17, 2024)

View and export this data going back to 2014. Start your Free Trial

What is PKO Bank Polski Momentum Rank?

PKO Bank Polski has the Momentum Rank of 6.

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 PKO Bank Polski's Momentum Rank

For the Banks - Regional subindustry, PKO Bank Polski'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.

PKO Bank Polski's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PKO Bank Polski's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PKO Bank Polski's Momentum Rank falls into.

PKO Bank Polski Momentum Rank Related Terms

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

PKO Bank Polski (STU:P90) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PKO Bank Polski SA (STU:P90) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PKO:Poland 0FMO:UK PKO:Czech Republic

Address

Pu?awska street 15, Warsaw, POL, 02-515

Website

https://www.pkobp.pl

PKO Bank Polski SA is a universal banking group operating primarily in Poland, with subsidiaries in the Ukraine and Sweden. The bank's corporate strategy places a premium on organic growth and acquisitions. It has a strong presence in retail deposits, mortgage loans, consumer finance, corporate deposits, corporate loans, and asset management. Majority of its net revenue is net interest income, overwhelmingly derived from customer loans. Net fees and commissions, in contrast, are diversified across loans and insurance, mutual funds and brokerage, cards, and customer accounts. The bank has an appreciably large portion of its deposit base originating from retail clients in relation to competitors.

PKO Bank Polski (STU:P90) Headlines

No Headlines