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Gala Global Products (BOM:539228) Momentum Rank : 7 (As of May. 03, 2025)


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What is Gala Global Products Momentum Rank?

Gala Global Products has the Momentum Rank of 7.

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 Gala Global Products's Momentum Rank

For the Specialty Business Services subindustry, Gala Global Products'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.


Gala Global Products's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gala Global Products's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Gala Global Products's Momentum Rank falls into.


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Gala Global Products Momentum Rank Related Terms

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Gala Global Products Business Description

Traded in Other Exchanges
N/A
Address
Ajod Dairy Road, B-1 Laxmi Comm. Co-Op Estate, Behind Old Navneet Press Compound, Sukhramnagar, Ahmedabad, GJ, IND, 380 021
Gala Global Products Ltd is engaged in providing printing and packaging solutions. It includes School stationary, Office Stationary, educational products and Digital and Offset printing.

Gala Global Products Headlines

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