Ugar Sugar Works (BOM:530363) Momentum Rank : 5 (As of Apr. 25, 2025)

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What is Ugar Sugar Works Momentum Rank?

Ugar Sugar Works has the Momentum Rank of 5.

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 Ugar Sugar Works's Momentum Rank

For the Confectioners subindustry, Ugar Sugar Works'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.

Ugar Sugar Works's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ugar Sugar Works's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ugar Sugar Works's Momentum Rank falls into.

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Ugar Sugar Works Momentum Rank Related Terms

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Ugar Sugar Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ugar Sugar Works Ltd (BOM:530363) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

UGARSUGAR:India

Address

Ugar Khurd, District Belagavi, Ugar Khurd, KA, IND, 591316

Website

http://www.ugarsugar.com

Ugar Sugar Works Ltd is engaged in the manufacturing and sale of sugar. The company's reportable segment include Sugar, Electricity, Petrol Pump, Industrial Alcohol and Potable Alcohol. It generates maximum revenue from the Sugar segment. Geographically, the company operates only in India.

Ugar Sugar Works Headlines

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