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RBL Bank (NSE:RBLBANK) 6-1 Month Momentum % : -23.19% (As of Mar. 16, 2025)


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What is RBL Bank 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 (2025-03-16), RBL Bank's 6-1 Month Momentum % is -23.19%.

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

NSE:RBLBANK's 6-1 Month Momentum % is ranked worse than
95.76% of 1604 companies
in the Banks industry
Industry Median: 7.915 vs NSE:RBLBANK: -23.19

Competitive Comparison of RBL Bank's 6-1 Month Momentum %

For the Banks - Regional subindustry, RBL Bank'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.


RBL Bank's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RBL Bank's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where RBL Bank's 6-1 Month Momentum % falls into.



RBL Bank  (NSE:RBLBANK) 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.


RBL Bank  (NSE:RBLBANK) 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.


RBL Bank 6-1 Month Momentum % Related Terms

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RBL Bank Business Description

Traded in Other Exchanges
Address
841, Senapati Bapat Marg, One world Centre, Tower 2B, 6th Floor, Lower Parel (West), Mumbai, MH, IND, 400013
RBL Bank Ltd is an Indian commercial bank. The company's segments include Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. The Treasury segment includes investments and all financial markets activities undertaken on behalf of the Bank's customers, proprietary trading, bullion business, maintenance of reserve requirements, and resource mobilization from other Banks and Financial Institutions, Retail Banking segment includes lending, deposits, credit cards and other banking services provided to retail customers of the bank, Corporate/Wholesale Banking segment includes lending, deposits, and other banking services provided to corporate customers of the Bank and other banking operations. It generates maximum revenue from the Retail Banking segment.

RBL Bank Headlines

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