Pagaria Energy (BOM:531396) Momentum Rank : 2 (As of May. 02, 2025)

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What is Pagaria Energy Momentum Rank?

Pagaria Energy has the Momentum Rank of 2.

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 Pagaria Energy's Momentum Rank

For the Thermal Coal subindustry, Pagaria Energy'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.

Pagaria Energy's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Pagaria Energy's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pagaria Energy's Momentum Rank falls into.

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Pagaria Energy Momentum Rank Related Terms

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Pagaria Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Pagaria Energy Ltd (BOM:531396) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Bazar Gali, 9/18, Vishwas Nagar, Shahdara, New Delhi, IND, 110032

Website

https://www.pagariaenergy.com

Pagaria Energy Ltd is a company that operates in the coal business. The business activity of the group includes trading and supplying coal and coal by-products. The company provides various services which include coal trading, coal consultancy, and coal transportation. The company offers steam coal, petroleum coal, charcoal, and others. Geographically, the company operates mainly in the Indian Market.

Pagaria Energy Headlines

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