Rajnish Wellness (BOM:541601) Momentum Rank : 1 (As of May. 02, 2025)

View and export this data going back to 2018. Start your Free Trial

What is Rajnish Wellness Momentum Rank?

Rajnish Wellness 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 Rajnish Wellness's Momentum Rank

For the Household & Personal Products subindustry, Rajnish Wellness'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.

Rajnish Wellness's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rajnish Wellness's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Rajnish Wellness's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Rajnish Wellness Momentum Rank Related Terms

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

Rajnish Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajnish Wellness Ltd (BOM:541601) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Government Industrial Estate, Charkop Road, Plot No. 24, ABCD, Near Hindustan Naka, Opposite 125 IPCA, Kandivali West, Mumbai, MH, IND, 400067

Website

https://www.rajnishwellness.com

Rajnish Wellness Ltd is engaged in the business of selling various products in categories ranging from pharmaceutical products, and consumer durables to ayurvedic personal care products. Its focus areas are pharmaceutical, sexual wellness, energy revitalization, and personal care products. The company markets its product under its flagship brand Playwin, and offers products including Hair oil for dandruff and hair fall. mithohar liquid for controlling diabetes, lotions for skin itching problems, etc.

Rajnish Wellness Headlines

No Headlines