OSX Brasil (BSP:OSXB3) Momentum Rank : 6 (As of Apr. 18, 2025)

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What is OSX Brasil Momentum Rank?

OSX Brasil has the Momentum Rank of 6.

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 OSX Brasil's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, OSX Brasil'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.

OSX Brasil's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OSX Brasil's Momentum Rank distribution charts can be found below:

* The bar in red indicates where OSX Brasil's Momentum Rank falls into.

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OSX Brasil Momentum Rank Related Terms

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OSX Brasil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OSX Brasil SA (BSP:OSXB3) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua do Passeio 56, 10º Andar Centro, Rio de Janeiro, RJ, BRA, 20021-290

Website

https://www.osx.com.br

OSX Brasil SA provides equipment and services for Brazil's offshore oil and gas industry. It is engaged in the equipment and service segment for the offshore oil and natural gas industry, with integrated operations in shipbuilding, chartering of exploration and production units (E&P) and operation and maintenance industries (O&M).

OSX Brasil Headlines

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