Adarsh Plant Protect (BOM:526711) Momentum Rank : 1 (As of May. 02, 2025)

View and export this data going back to 2001. Start your Free Trial

What is Adarsh Plant Protect Momentum Rank?

Adarsh Plant Protect has the Momentum Rank of 1.

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.

Competitive Comparison of Adarsh Plant Protect's Momentum Rank

For the Packaging & Containers subindustry, Adarsh Plant Protect'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.

Adarsh Plant Protect's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Adarsh Plant Protect's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Adarsh Plant Protect's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Adarsh Plant Protect Momentum Rank Related Terms

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

Adarsh Plant Protect Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Adarsh Plant Protect Ltd (BOM:526711) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 604, G.I.D.C. Estate, Vitthal Udyognagar, Anand, GJ, IND, 388121

Website

https://www.adarshplant.com

Adarsh Plant Protect Ltd offers products in industrial packaging (Barrels), Agriculture equipment, and Smokeless chulhas. APPL has an in-house research and product development center to design products. The operating segments of the company are Industrial Packaging, Agriculture and Plant Protection, and Smokeless Chulha and Ecostove. The company generates the majority of its revenue from Industrial Packaging. The Industrial Packaging segment caters to the packing needs of various industries across the chemical, oil, lubricants, and pharmaceutical sectors. The division has an in-house manufacturing unit, storage, and fleet to make just-in-time delivery.

Adarsh Plant Protect Headlines

No Headlines