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DCW (NSE:DCW) Momentum Rank : 9 (As of Apr. 27, 2025)


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What is DCW Momentum Rank?

DCW 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 DCW's Momentum Rank

For the Chemicals subindustry, DCW'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.


DCW's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DCW's Momentum Rank distribution charts can be found below:

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


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DCW Momentum Rank Related Terms

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DCW Business Description

Traded in Other Exchanges
Address
Nirmal Building, 3rd Floor, Nariman Point, Mumbai, MH, IND, 400021
DCW Ltd operates as an integrated chemical manufacturing company. Business activity of the firm functions through Polyvinyl Chloride (PVC), Caustic Soda, Soda Ash, SIOP, CPVC, and other segments. The Caustic Soda segment is an Alkaline used in sectors like soaps, detergents, paper, and chemicals (alumina sector). The Soda Ash segment is mainly utilized in industries such as detergents, dye intermediaries, sodium silicate, ore refining, glass industry, pesticides, paper, pharmaceuticals, and mining industries. The CPVC segment is a key revenue driver.

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