Umiya Buildcon (BOM:532376) Momentum Rank : 1 (As of Mar. 03, 2025)

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What is Umiya Buildcon Momentum Rank?

Umiya Buildcon has the Momentum Rank of 1.

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 Umiya Buildcon's Momentum Rank

For the Real Estate - Development subindustry, Umiya Buildcon'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.

Umiya Buildcon's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Umiya Buildcon's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Umiya Buildcon's Momentum Rank falls into.

Umiya Buildcon Momentum Rank Related Terms

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Umiya Buildcon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Umiya Buildcon Ltd (BOM:532376) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MRO-TEK:India

Address

No. 6, New BEL Road, Maruthi Complex, Chikkamaranahalli, Bangalore, KA, IND, 560054

Website

https://www.mro-tek.com

MRO-TEK realty Ltd is engaged in the manufacturing and distribution of access and networking equipment and solutions. The company's operating segment includes Product, Real Estate Development, EMS (Electronic Contract Manufacturing), and Solutions. It generates maximum revenue from the Product segment. The company's portfolio of products includes Routers; Switches; Outdoor Switches; Optical Transport Networking; Time-Division Multiplexing; Gigabit Passive Optical Networks (GPON) and Ethernet Products. Geographically, it operates in India and outside India.

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