GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Inland Printers Ltd (BOM:530787) » Definitions » Momentum Rank

Inland Printers (BOM:530787) Momentum Rank : 2 (As of May. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Inland Printers Momentum Rank?

Inland Printers has the Momentum Rank of 2.

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 Inland Printers's Momentum Rank

For the Specialty Business Services subindustry, Inland Printers'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.


Inland Printers's Momentum Rank Distribution in the Business Services Industry

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

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



Inland Printers Momentum Rank Related Terms

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


Inland Printers (BOM:530787) Business Description

Traded in Other Exchanges
N/A
Address
Sahakar Road, 800, 8th Floor, Sangita Ellipse, Vile Parle (East), Mumbai, MH, IND, 400057
Inland Printers Ltd engages in the e-commerce activity relating to the printing stationery business in India. It provides standard impression paper and printing brochures using the offset printing process. The company produces/markets printed products such as memorandum and articles of association, annual reports, dividend warrants, interest warrants, continuous stationery, and computer forms, prospectuses and other documents, corporate profiles, application, and business forms, brochures, publicity material, product literature, and books.

Inland Printers (BOM:530787) Headlines

No Headlines