PT Trimegah Sekuritas Indonesia Tbk (ISX:TRIM) Momentum Rank : 6 (As of Mar. 03, 2025)

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What is PT Trimegah Sekuritas Indonesia Tbk Momentum Rank?

PT Trimegah Sekuritas Indonesia Tbk has the Momentum Rank of 6.

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 Trimegah Sekuritas Indonesia Tbk's Momentum Rank

For the Capital Markets subindustry, PT Trimegah Sekuritas Indonesia 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 Trimegah Sekuritas Indonesia Tbk's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Trimegah Sekuritas Indonesia Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Trimegah Sekuritas Indonesia Tbk's Momentum Rank falls into.

PT Trimegah Sekuritas Indonesia Tbk Momentum Rank Related Terms

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PT Trimegah Sekuritas Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PT Trimegah Sekuritas Indonesia Tbk (ISX:TRIM) » Definitions » Momentum Rank

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Traded in Other Exchanges

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Address

Jalan Jenderal Sudirman Kav. 52-53, Gedung Artha Graha 18th & 19th Floor, Jakarta, IDN, 12190

Website

https://www.trimegah.com

PT Trimegah Sekuritas Indonesia Tbk is an integrated securities company. It provides investment products for equity, balanced, fixed-income, and money market funds. Its segments are Investment manager activities and Brokerage and underwriting activities, which it derived revenue from Investment management activities. Its business activities are Equity Trading Division provides equity securities sales service in the primary market and equity securities brokerage service in the secondary market; Fixed Income Market Division provides fixed-income securities sales service in the primary market and fixed-income securities brokerage service in the secondary market; and Investment Banking Division provides equity and bond underwriting service, financial advisory service.

PT Trimegah Sekuritas Indonesia Tbk Headlines

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