Capital Trust (BOM:511505) Momentum Rank : 9 (As of Jun. 16, 2024)

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What is Capital Trust Momentum Rank?

Capital Trust has the Momentum Rank of 9.

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 Capital Trust's Momentum Rank

For the Credit Services subindustry, Capital Trust'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.

Capital Trust's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Capital Trust's Momentum Rank distribution charts can be found below:

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

Capital Trust Momentum Rank Related Terms

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Capital Trust (BOM:511505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capital Trust Ltd (BOM:511505) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CAPTRUST:India

Address

Sultanpur MG Road, 205, Centrum Mall, New Delhi, IND, 110030

Website

https://www.capitaltrust.in

Capital Trust Ltd is a non-banking financial company. It is engaged in providing microfinance and small enterprise loan. The company is providing financial services in the form of micro-finance loans to customers in rural and semi-urban areas. Its clients are present in various sectors including dairy and livestock, services, retail, trading, manufacturing, transport, food, two-wheeler and home improvement. The company's operations are in 10 states of Delhi, Rajasthan, Madhya Pradesh, Uttar Pradesh, Punjab, Uttrakhand and others.

Capital Trust (BOM:511505) Headlines

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