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PT Multitrend Indo Tbk (ISX:BABY) Momentum Rank : 0 (As of Apr. 29, 2025)


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What is PT Multitrend Indo Tbk Momentum Rank?

PT Multitrend Indo Tbk has the Momentum Rank of 0.

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.

PT Multitrend Indo Tbk Momentum Rank Related Terms

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PT Multitrend Indo Tbk Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Multitrend Indo Tbk (ISX:BABY) » Definitions » Momentum Rank
Comparable Companies
ISX:ZONE ISX:ZATA XMAD:ITX TJX TSE:9983 ROST LULU BOM:500251 LSE:NXT BURL GAP LSE:JD. URBN TSE:8227 TSE:2670 WAR:CCC TSX:ATZ ANF BOM:543426 JSE:MRP
Traded in Other Exchanges
N/A
Address
Jalan Monday Raya No. 135-137, Era Tower Building Fl. 14-02, Senen, Central Jakarta, Jakarta, IDN, 10410
Website
https://kanmomultitrend.id
PT Multitrend Indo Tbk is engaged in the retail sale of fashion and accessories for babies and youth. As a baby and children's clothing retail company, the Company is engaged in three main areas including Offline retail, where the Company acts as Indonesia's exclusive licensee for baby and children's brands such as Mothercare, ELC, Gingersnaps, Justice, and Wilio; Online retail enhanced its online visibility by selling products on various websites and e-commerce platforms in Indonesia; and Distribution, where the Company sells principal products and its products at retail partners through its subsidiary. Its segments are Greater Jakarta, Jawa Bali, Sumatera, Sulawesi, and Kalimantan.