Prime Focus (BOM:532748) Momentum Rank : 5 (As of May. 25, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Prime Focus Momentum Rank?

Prime Focus has the Momentum Rank of 5.

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 Prime Focus's Momentum Rank

For the Entertainment subindustry, Prime Focus'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.

Prime Focus's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Prime Focus's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Prime Focus's Momentum Rank falls into.

Prime Focus Momentum Rank Related Terms

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

Prime Focus (BOM:532748) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Prime Focus Ltd (BOM:532748) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PFOCUS:India

Address

Prime Focus House, Linking Road, Opposite Citi Bank, Khar (West), Mumbai, MH, IND, 400 052

Website

http://www.primefocus.com

Prime Focus Ltd is an Indian integrated media service provider. The company is engaged in providing post-production services which include digital intermediate, visual effects, stereo 3D conversion, and animation technology products and services. It also provides stereo conversion, color grading, sound and picture post, renting of camera equipment, visual effects services, media enterprise resource planning and suite, and cloud-enabled media services. Geographically, it derives a majority of revenue from Canada.

Prime Focus (BOM:532748) Headlines

No Headlines