Educomp Solutions (NSE:EDUCOMP) Momentum Rank : 10 (As of Jun. 06, 2024)

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What is Educomp Solutions Momentum Rank?

Educomp Solutions has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Educomp Solutions's Momentum Rank

For the Education & Training Services subindustry, Educomp Solutions'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.

Educomp Solutions's Momentum Rank Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Educomp Solutions's Momentum Rank distribution charts can be found below:

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

Educomp Solutions Momentum Rank Related Terms

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Educomp Solutions (NSE:EDUCOMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Educomp Solutions Ltd (NSE:EDUCOMP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

532696:India

Address

Educomp Towers, Plot No. 514, Udyog Vihar, Phase lll, Gurgaon, HR, IND, 122001

Website

https://www.educomp.com

Educomp Solutions Ltd is engaged in providing educational support services. The company operates through four segments. The Higher learning solutions segment comprises of vocational, higher education and professional development. The School learning solutions segment involves the smart class and edureach business. The K-12 segment consists of preschools and high schools. Its Online supplemental and global business segment comprise Internet-based educational services and coaching.

Educomp Solutions (NSE:EDUCOMP) Headlines

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