RBR Gestao de Recursosa (BSP:RBRY11) Momentum Rank : 1 (As of Dec. 13, 2024)

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What is RBR Gestao de Recursosa Momentum Rank?

RBR Gestao de Recursosa has the Momentum Rank of 1.

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 RBR Gestao de Recursosa's Momentum Rank

For the Asset Management subindustry, RBR Gestao de Recursosa'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.

RBR Gestao de Recursosa's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RBR Gestao de Recursosa's Momentum Rank distribution charts can be found below:

* The bar in red indicates where RBR Gestao de Recursosa's Momentum Rank falls into.

RBR Gestao de Recursosa Momentum Rank Related Terms

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RBR Gestao de Recursosa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RBR Gestao de Recursos Ltda (BSP:RBRY11) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

RBRP11:Brazil RBRR11:Brazil

Address

Av. Pres. Juscelino Kubitschek, 1400, 12th Floor, Cj 122, Sao Paulo, SC, BRA, CEP: 04543-000

Website

https://www.rbrasset.com.br

RBR Gestão de Recursos Ltda is an asset management company, focused on the real estate market. The company executes investment strategies on Real Estate Development, Income, Mortgage Loans, Listed FIIs and US Investments.

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