RBR Group (ASX:RBR) Momentum Rank : 0 (As of Mar. 31, 2025)

View and export this data going back to 2007. Start your Free Trial

What is RBR Group Momentum Rank?

RBR Group 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.

RBR Group Momentum Rank Related Terms

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

RBR Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RBR Group Ltd (ASX:RBR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 St Georges Terrace, Level 5, Perth, WA, AUS, 6000

Website

https://www.rbrgroup.com.au

RBR Group Ltd is domiciled in Australia. It is engaged in the provision of labor, training, and professional services in Mozambique. The firm's services comprise Training services, Labour Broking, and business services. It recruits, trains, and then supplies skilled, fit-for-work staff to its clients. Business operating segments include; Asia-Pacific and Africa. It earns substantial revenue from the Africa region. The firm derives revenue from training services and payroll services. business services, Projectos Dinamicos, Lda, sale of Data, and others.

RBR Group Headlines

No Headlines