Vidhi Specialty Food Ingredients (BOM:531717) Momentum Rank : 10 (As of Mar. 16, 2025)

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What is Vidhi Specialty Food Ingredients Momentum Rank?

Vidhi Specialty Food Ingredients has the Momentum Rank of 10.

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 Vidhi Specialty Food Ingredients's Momentum Rank

For the Specialty Chemicals subindustry, Vidhi Specialty Food Ingredients'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.

Vidhi Specialty Food Ingredients's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vidhi Specialty Food Ingredients's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Vidhi Specialty Food Ingredients's Momentum Rank falls into.

Vidhi Specialty Food Ingredients Momentum Rank Related Terms

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Vidhi Specialty Food Ingredients Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vidhi Specialty Food Ingredients Ltd (BOM:531717) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VIDHIING:India

Address

78, Tardeo Road, E/27, Commerce Centre, Mumbai, MH, IND, 400034

Website

https://www.vidhifoodcolors.com

Vidhi Specialty Food Ingredients Ltd is engaged in the business of manufacturing & trading synthetic food colors and chemicals. The company offers synthetic water-soluble colors, natural colors, aluminum lakes, federal food, drug, and cosmetic act certified lakes, drug and cosmetic colors, and other products. Their products are used in providing color solutions in the application of food and beverage, confectionery, pharmaceuticals, feeds, cosmetics, inkjet inks, pet food, healthcare, and salt-free color. The manufacturing facility is located in the Raigad district in the Indian state of Maharashtra. The Company's operating divisions are managed from India. The Company operates within India & Outside India. The majority of its revenue comes from export sales.

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