Promigas (BOG:PROMIGAS) Momentum Rank: 0 (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOG:PROMIGAS Promigas SA BOG:PROMIGAS
90 GF Score
Price COP6,360.00
GF Value COP6,646.71
Valuation Fairly Valued
! 6 Warning Signs
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What is Promigas Momentum Rank?

Promigas 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.

BOG:PROMIGAS
90GF Score
Promigas SA BOG:PROMIGAS
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Promigas (BOG:PROMIGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Promigas stock appears to be undervalued. The current stock price of COP6,360.00 is trading 4.3% below its estimated GF Value™ of COP6,646.71. GuruFocus considers Promigas to be Fairly Valued.

Key valuation signals for BOG:PROMIGAS:

  • Momentum Rank: 0
  • GF Value™: COP6,646.71 vs. price of COP6,360.00 (4.3% below fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the BOG:PROMIGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promigas Business Description

Address Calle 66 No. 67 - 123, Barranquilla, COL
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation and exploration of natural gas, oil and hydrocarbons in general and of gas, oil and all types of energy activities, including, but not limited to renewable, conventional and non-conventional. It can also sell or provide goods or services to third parties, either financial or non-financial, and to finance with its own resources the acquisition of goods or services by third parties. Its segments include Gas transportation, Gas distribution, Distribution and sale of gas and energy, Integrated solutions for the industry, and Non-bank financing. It derives the majority of revenue from Gas transportation segment.
90GF Score

Get the complete analysis for BOG:PROMIGAS

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

COP6,360.00
Price
COP6,646.71
GF Value