KSB (BOM:500249) Momentum Rank : 6 (As of May. 05, 2024)

View and export this data going back to 1992. Start your Free Trial

What is KSB Momentum Rank?

KSB has the Momentum Rank of 6.

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 KSB's Momentum Rank

For the Specialty Industrial Machinery subindustry, KSB'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.

KSB's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KSB's Momentum Rank distribution charts can be found below:

* The bar in red indicates where KSB's Momentum Rank falls into.

KSB Momentum Rank Related Terms

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

KSB (BOM:500249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KSB Ltd (BOM:500249) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

KSB:India

Address

L.B.S. Marg, Office No. 601, Runwal R-Square, Mulund (West), Mumbai, MH, IND, 400 080

Website

https://www.ksb.com

KSB Ltd manufactures power-driven pumps and industrial valves. It operates in the Pumps and Valves segment. In the Pumps segment, the company manufactures and markets all types of pumps, such as industrial pumps, submersible pumps effluent treatment pumps, and spares and services. The Valves segment consists of manufacturing and trading of industrial valves, and spares and services. A majority of revenue is derived from the Pumps segment. The group has a business presence in India and Outside India.

KSB (BOM:500249) Headlines

No Headlines