BB Seguridade Participacoes (BB Seguridade Participacoes) Momentum Rank : 7 (As of May. 01, 2024)

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What is BB Seguridade Participacoes Momentum Rank?

BB Seguridade Participacoes has the Momentum Rank of 7.

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.

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

Competitive Comparison of BB Seguridade Participacoes's Momentum Rank

For the Insurance - Diversified subindustry, BB Seguridade Participacoes's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

BB Seguridade Participacoes's Momentum Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BB Seguridade Participacoes's Momentum Rank distribution charts can be found below:

* The bar in red indicates where BB Seguridade Participacoes's Momentum Rank falls into.

BB Seguridade Participacoes Momentum Rank Related Terms

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BB Seguridade Participacoes (BB Seguridade Participacoes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » BB Seguridade Participacoes SA (OTCPK:BBSEY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BBSE3:Brazil

Address

Quadra 05, Lot B, 3rd Floor Torre Sul, Banco do Brasil Building, Asa Norte, Brasilia, DF, BRA

Website

https://www.bbseguridaderi.com.br

BB Seguridade Participacoes SA is a diversified insurance company that operates two segments: insurance and brokerage. The revenue generation is mostly split between these two segments. Its insurance segment focuses on life, property, vehicle, and special-risk insurance. It also provides capitalization plans as well as reinsurance. The company's brokerage segment operates the facilitation of business insurance and reinsurance. BB Seguridade generates its revenue in Brazil. The company considers mergers and acquisitions as a component of its operational growth strategy.

BB Seguridade Participacoes (BB Seguridade Participacoes) Headlines

From GuruFocus

BB Seguridade Participacoes SA Stock Shows Every Sign Of Being Possible Value Trap

By GF Value GF Value • 04-24-2021