Country Condo's (NSE:COUNCODOS) Momentum Rank : 9 (As of Mar. 26, 2025)

View and export this data going back to 2009. Start your Free Trial

What is Country Condo's Momentum Rank?

Country Condo's 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 Country Condo's's Momentum Rank

For the Real Estate - Development subindustry, Country Condo's'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.

Country Condo's's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Condo's's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Country Condo's's Momentum Rank falls into.

Save Embed

Country Condo's Momentum Rank Related Terms

Thank you for viewing the detailed overview of Country Condo's's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Country Condo's Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Condo's Ltd (NSE:COUNCODOS) » Definitions » Momentum Rank

Traded in Other Exchanges

531624:India

Address

No. 7-1-19/3, 1st Floor, I. S. R. Complex, Kundanbagh, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.countrycondos.co.in

Country Condo's Ltd is engaged in the provision of real estate operations. The firm's real estate operations consist of procurement of land banks across the country, developing them into residential layouts with all amenities including a clubhouse, and selling them in plots to customers. It also undertakes allied activities of construction of compound walls in the developed layouts. The firm is also focused on undertaking the construction and sale of Condos. The company generates revenue from the sale of plots.

Country Condo's Headlines

No Headlines