Kaushalya Infrastructure Development (BOM:532925) Momentum Rank : 8 (As of Jun. 12, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Kaushalya Infrastructure Development Momentum Rank?

Kaushalya Infrastructure Development has the Momentum Rank of 8.

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 Kaushalya Infrastructure Development's Momentum Rank

For the Engineering & Construction subindustry, Kaushalya Infrastructure Development'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.

Kaushalya Infrastructure Development's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kaushalya Infrastructure Development's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Kaushalya Infrastructure Development's Momentum Rank falls into.

Kaushalya Infrastructure Development Momentum Rank Related Terms

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

Kaushalya Infrastructure Development (BOM:532925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kaushalya Infrastructure Development Corp Ltd (BOM:532925) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

KAUSHALYA:India

Address

HB 170, Sector III, Salt Lake, Kolkata, WB, IND, 700106

Website

http://www.kaushalya.net

Kaushalya Infrastructure Development Corp Ltd is engaged in executing construction contracts relating to infrastructure, real estate developments, acquisition and development, and sale of land. The company is also engaged in operating hotels. The company operates into segments such as Construction including roads, bridges and infrastructure development, housing development, renewable energy projects; Hotel; and Other services/activities. It generates a majority of its revenue from the Hotel. Geographically, it operates in India.

Kaushalya Infrastructure Development (BOM:532925) Headlines

No Headlines