Container of India (NSE:CONCOR) Momentum Rank : 7 (As of May. 02, 2025)

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What is Container of India Momentum Rank?

Container of India has the Momentum Rank of 7.

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 Container of India's Momentum Rank

For the Railroads subindustry, Container of India'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.

Container of India's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Container of India's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Container of India's Momentum Rank falls into.

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Container of India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Container Corporation of India Ltd (NSE:CONCOR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

531344:India

Address

Mathura Road, C-3, CONCOR Bhawan, Opposite Apollo Hospital, New Delhi, IND, 110076

Website

https://www.concorindia.co.in

Container Corporation of India Ltd is a logistics and transport company. The company transports and handles shipping containers, and operates logistics facilities, including dry ports and warehousing. Container Corporation of India is domiciled in India and derives the majority of its revenue domestically. The firm organizes itself into two segments: EXIM and domestic. The EXIM segment, which derives key revenue, includes the company's export and import operations by engaging in handling, transportation, and warehousing activities.

Container of India Headlines

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