PT Bumi Serpong Damai Tbk (ISX:BSDE) Momentum Rank : 7 (As of May. 06, 2024)

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What is PT Bumi Serpong Damai Tbk Momentum Rank?

PT Bumi Serpong Damai Tbk has the Momentum Rank of 7.

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 PT Bumi Serpong Damai Tbk's Momentum Rank

For the Real Estate - Development subindustry, PT Bumi Serpong Damai Tbk'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.

PT Bumi Serpong Damai Tbk's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Bumi Serpong Damai Tbk's Momentum Rank falls into.

PT Bumi Serpong Damai Tbk Momentum Rank Related Terms

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PT Bumi Serpong Damai Tbk (ISX:BSDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Bumi Serpong Damai Tbk (ISX:BSDE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BSPDF:USA

Address

Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345

Website

https://www.sinarmasland.com

PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. The company is developing Bumi Serpong Damai, which is a planned community in the Jakarta region. The community is intended to be fully self-sufficient in terms of infrastructure, health facilities, education, and recreation.