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VK Global Industries (BOM:530177) Momentum Rank : 6 (As of Mar. 16, 2025)


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What is VK Global Industries Momentum Rank?

VK Global Industries has the Momentum Rank of 6.

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 VK Global Industries's Momentum Rank

For the Specialty Business Services subindustry, VK Global Industries'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.


VK Global Industries's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VK Global Industries's Momentum Rank distribution charts can be found below:

* The bar in red indicates where VK Global Industries's Momentum Rank falls into.



VK Global Industries Momentum Rank Related Terms

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VK Global Industries Business Description

Traded in Other Exchanges
N/A
Address
Main Mathura Road, Plot No. 15/1, Ground Floor, Faridabad, HR, IND, 121003
VK Global Industries Ltd formerly, SPS International Ltd is engaged in the OMR Sheets printing business. The company is focused on printing facilities for OMR Stationery and confidential and examination material required for its business. The company's product profile comprises OMR forms, MCQ answers, Examination answer booklets, and others. Geographically, the company generates a share of its revenue from India.

VK Global Industries Headlines

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