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Abhinav Capital Services (BOM:532057) 6-1 Month Momentum % : -22.63% (As of Mar. 15, 2025)


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What is Abhinav Capital Services 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-03-15), Abhinav Capital Services's 6-1 Month Momentum % is -22.63%.

The industry rank for Abhinav Capital Services's 6-1 Month Momentum % or its related term are showing as below:

BOM:532057's 6-1 Month Momentum % is ranked worse than
79.96% of 564 companies
in the Credit Services industry
Industry Median: -2.085 vs BOM:532057: -22.63

Competitive Comparison of Abhinav Capital Services's 6-1 Month Momentum %

For the Credit Services subindustry, Abhinav Capital Services's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


Abhinav Capital Services's 6-1 Month Momentum % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Abhinav Capital Services's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Abhinav Capital Services's 6-1 Month Momentum % falls into.



Abhinav Capital Services  (BOM:532057) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abhinav Capital Services  (BOM:532057) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Abhinav Capital Services 6-1 Month Momentum % Related Terms

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Abhinav Capital Services Business Description

Traded in Other Exchanges
N/A
Address
B 709, Express Zone, Western Express Highway South Side, Opposite Adani Electricity, Malad (East), Mumbai, MH, IND, 400097
Abhinav Capital Services Ltd is an India-based non-banking finance company. It is principally engaged in the business of financing loans. The company provides finance to companies, corporate bodies, and firms in advance, short-term loans and other sources. In addition, it also invests in shares and securities. The company generates its revenue from the interest it receives on loans provided.

Abhinav Capital Services Headlines

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