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Kazan Organicheskysintez PJSC (MIC:KZOSP) Momentum Rank : 0 (As of Jan. 18, 2025)


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What is Kazan Organicheskysintez PJSC Momentum Rank?

Kazan Organicheskysintez PJSC has the Momentum Rank of 0.

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.

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Kazan Organicheskysintez PJSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kazan Organicheskysintez PJSC (MIC:KZOSP) » Definitions » Momentum Rank
Comparable Companies
TSE:4063 SAU:2010 XTER:BAS DOW SHSE:600989 SZSE:002493 XKRX:051910 TSE:4091 TSE:3407 SHSE:603260 SZSE:002460 XKLS:5183 SHSE:600160 XBRU:SYENS CE SHSE:600426 SHSE:601216 SZSE:000408 SAU:2290 ISX:BRPT
Traded in Other Exchanges
KZOS:Russia
Address
Belomorskaya Street 101, Republic of Tatarstan, Kazan, RUS, 420051
Website
http://www.kazanorgsintez.com
Kazan Organicheskysintez PJSC formerly Kazanorgsintez PJSC and its subsidiaries is in the production of chemical products and derivatives mainly ethylene polymers and co-polymers which are marketed and sold mainly in Russian federation. The company's main facilities are located in Kazan, Republic of Tatarstan and Russian federation.

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