National Atomic Co Kazatomprom JSC (FRA:0ZQ) Momentum Rank : 3 (As of May. 24, 2024)

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What is National Atomic Co Kazatomprom JSC Momentum Rank?

National Atomic Co Kazatomprom JSC 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 National Atomic Co Kazatomprom JSC's Momentum Rank

For the Uranium subindustry, National Atomic Co Kazatomprom JSC'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.

National Atomic Co Kazatomprom JSC's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, National Atomic Co Kazatomprom JSC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where National Atomic Co Kazatomprom JSC's Momentum Rank falls into.

National Atomic Co Kazatomprom JSC Momentum Rank Related Terms

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National Atomic Co Kazatomprom JSC (FRA:0ZQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » National Atomic Co Kazatomprom JSC (FRA:0ZQ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NATKY:USA KZAPD:Kazakhstan KZAP:Kazakhstan KAPl:UK KAP:UK

Address

Syganak Street, Building 17/12, Astana, KAZ, Z05T1X3

Website

https://www.kazatomprom.kz

National Atomic Co Kazatomprom JSC is a producer of uranium. All of the company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards. The company's segment includes Uranium; UMP and Other. It generates maximum revenue from the Uranium segment.

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