Bursa De Valori Bucuresti (BSE:BVB) Momentum Rank : 5 (As of Sep. 25, 2024)

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What is Bursa De Valori Bucuresti Momentum Rank?

Bursa De Valori Bucuresti 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 Bursa De Valori Bucuresti's Momentum Rank

For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.

Bursa De Valori Bucuresti's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Bursa De Valori Bucuresti's Momentum Rank falls into.

Bursa De Valori Bucuresti Momentum Rank Related Terms

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Bursa De Valori Bucuresti Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bursa De Valori Bucuresti SA (BSE:BVB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

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Address

34-36 Carol I Boulevard, 13th-14th Floor, District 2, Bucharest, ROU, 020922

Website

https://www.bvb.ro

Bursa De Valori Bucuresti SA is engaged in the management of the financial markets. The company's segment includes Capital markets, Post-trading services, Registry services, FCI services and Other services. Capital markets segment includes trading of securities and financial instruments transactions on regulated markets. Post-trading services include services provided after a transaction is completed and the bank account is debited, and the securities are transferred to the portfolio. Registry services include storage and updating of the registry of stakeholders for the listed companies. FCI services and other services are related to the investor's compensation scheme. Majority of revenue is generated from Trading services.

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