Intl Arabian Development and Investment Trading Co (AMM:INMA) Momentum Rank : 0 (As of Apr. 29, 2025)

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What is Intl Arabian Development and Investment Trading Co Momentum Rank?

Intl Arabian Development and Investment Trading Co has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Intl Arabian Development and Investment Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Intl Arabian Development and Investment Trading Co (AMM:INMA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rawashdeh Complex 11 - First Floor, P.O. Box 1465, Sweifieh - Paris Street, Amman, JOR, 11953

Website

http://www.inma.com.jo

Intl Arabian Development and Investment Trading Co is a Jordan-based company engages in the real estate and financial investment. The main activities of the companies are managing public investments, import, and export, general trade, and sale of commercial and residential properties. The company also manages its real estate portfolio, as well as provides real estate brokerage services for the others, in addition to real estate properties and projects maintenance services.

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