PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk (ISX:JMAS) Momentum Rank : 9 (As of Mar. 30, 2025)

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What is PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk Momentum Rank?

PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk has the Momentum Rank of 9.

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.

Competitive Comparison of PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk's Momentum Rank

For the Insurance - Life subindustry, PT Asuransi Jiwa Syariah Jasa Mitra Abadi 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 Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk's Momentum Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk's Momentum Rank falls into.

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PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk Momentum Rank Related Terms

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PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk (ISX:JMAS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jend. Gatot Subroto Kav.1, Graha Kospin Jasa Lt.5, Selatan, Jakarta, IDN, 12870

Website

https://www.alamin-insurance.com

PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk is an Indonesia-based life insurance company. It offers products such as shariah financing, savings account, student insurances, travel insurance and general, life, and health insurance services. The Company's business activities can be classified into four types of businesses, namely: Non-Life Insurance, Combined Dual-Purpose Products, Life Insurance and Health Products.

PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk Headlines

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