PT Intraco Penta Tbk (ISX:INTA) Momentum Rank : 0 (As of Apr. 28, 2025)

View and export this data going back to 1993. Start your Free Trial

What is PT Intraco Penta Tbk Momentum Rank?

PT Intraco Penta 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 Intraco Penta Tbk Momentum Rank Related Terms

Thank you for viewing the detailed overview of PT Intraco Penta Tbk's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Intraco Penta Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » PT Intraco Penta Tbk (ISX:INTA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Cakung Cilincing Km 3.5, Jakarta, IDN, 14130

Website

http://www.intracopenta.com

PT Intraco Penta Tbk is engaged in the trading and rental of heavy equipment and spare parts in Indonesia. The company operates in segments namely, the sale of heavy equipment and spare parts segment comprises manufacturing and sales of heavy equipment components and related products which also comprises a substantial part of revenue; the maintenance, mining, and rental service segment; the manufacturing segment comprises of manufacturing solutions for heavy equipment components; financing segment comprises of financing services for new and used heavy equipment and Other segment serves companies in mining, infrastructure, oil and gas, and general industries. The company earns the majority of its revenue comes from the Indonesian market.