PT Kokoh Inti Arebama Tbk (ISX:KOIN) Momentum Rank : 7 (As of Dec. 14, 2024)

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What is PT Kokoh Inti Arebama Tbk Momentum Rank?

PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk's Momentum Rank

For the Building Products & Equipment subindustry, PT Kokoh Inti Arebama 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 Kokoh Inti Arebama Tbk's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Kokoh Inti Arebama Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Kokoh Inti Arebama Tbk's Momentum Rank falls into.

PT Kokoh Inti Arebama Tbk Momentum Rank Related Terms

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PT Kokoh Inti Arebama Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Kokoh Inti Arebama Tbk (ISX:KOIN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Buncit Raya No.139, Graha Mobisel, 3rd Floor, Jakarta Selatan, Kalibata Pancoran, Jakarta, IDN, 12740

Website

https://www.pt-kokoh.com

PT Kokoh Inti Arebama Tbk is engaged in the distribution of building materials distribution. It includes ceramic products, roof tiles, granites, sanitary ware, fittings, mosaics tile, granit tile, ceramic adhesive, and instant cement. The company distributes ceramic tiles of various brand names, especially KIA and Impresso. The distribution and supply network of the company includes central warehouses in Karawang, Cileungsi, and Gresik, Indonesia.

PT Kokoh Inti Arebama Tbk Headlines

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