Aayush Art & Bullion (BOM:540718) Momentum Rank : 3 (As of Dec. 13, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Aayush Art & Bullion Momentum Rank?

Aayush Art & Bullion has the Momentum Rank of 3.

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 Aayush Art & Bullion's Momentum Rank

For the Textile Manufacturing subindustry, Aayush Art & Bullion'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.

Aayush Art & Bullion's Momentum Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aayush Art & Bullion's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Aayush Art & Bullion's Momentum Rank falls into.

Aayush Art & Bullion Momentum Rank Related Terms

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

Aayush Art & Bullion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aayush Art & Bullion Ltd (BOM:540718) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Bhola Nath Nagar, C-110, Ground Floor, Shahdhara, East Delhi, New Delhi, IND, 110032

Website

http://www.akmlace.com

Aayush Art & Bullion Ltd formerly AKM Creations Ltd is a manufacturer and dealer in all types of embrotex goods, laces, fabrics, clothing, and wearing apparel for personal, commercial, and industrial use. It also supplies customized lace and embroidered work items. The company offers services such as Mirror lace, Needle cut work laces, Zari border, Stitching lace, Jhalar lace, and Crochet lace, among others.

Aayush Art & Bullion Headlines

No Headlines