GVP Infotech (NSE:GVPTECH) Momentum Rank : 3 (As of Mar. 02, 2025)

View and export this data going back to 2016. Start your Free Trial

What is GVP Infotech Momentum Rank?

GVP Infotech has the Momentum Rank of 3.

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 GVP Infotech's Momentum Rank

For the Information Technology Services subindustry, GVP Infotech'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.

GVP Infotech's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, GVP Infotech's Momentum Rank distribution charts can be found below:

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

GVP Infotech Momentum Rank Related Terms

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

GVP Infotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GVP Infotech Ltd (NSE:GVPTECH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kasturba Gandhi Road, Office No.710, Naurang House, Connaught Place, New Delhi, Delhi, IND, 110001

Website

https://www.gvpinfotech.com

GVP Infotech Ltd, formerly Fourth Dimension Solutions Ltd provides information technology (IT) related products and IT related services. The company focuses on various e-governance activities of the Central Government and State Government. Its technology solutions include computing, switching and routing, structured cabling, storage and server consolidation, and Internet and data security. Its IT Infrastructure Services include IT facilities management services, e-commerce and implementation of configuration services for computing and network pieces. Its Operations Outsourcing solutions include system integration, voice data video safety and security, documents and record management and printing solutions.

GVP Infotech Headlines

No Headlines