Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Momentum Rank : 0 (As of Apr. 24, 2025)

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What is Bahrain Kuwait Insurance Co BSC Momentum Rank?

Bahrain Kuwait Insurance Co BSC 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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Bahrain Kuwait Insurance Co BSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bahrain Kuwait Insurance Co BSC (BAH:BKIC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR

Website

https://www.gigbh.com

Bahrain Kuwait Insurance Co BSC is a Bahrain-based insurance company. The operating segments of the company is Marine and general, Motor, Medical, and Life. Marine and general offers insurance policies to cover various risks of fire, general accident and engineering, group life, marine cargo, marine hull and marine aviation and special contingency; Motor offers insurance policies to cover risks of a motor third party, motor comprehensive and extended warranty; Medical offers insurance policies to cover risks of medical; and Life offers insurance policies to cover risks of group life, education, protection and savings.

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