Madhya Bharat Agro Products (NSE:MBAPL) Momentum Rank : 0 (As of May. 01, 2025)

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What is Madhya Bharat Agro Products Momentum Rank?

Madhya Bharat Agro Products has the Momentum Rank of 0.

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.

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Madhya Bharat Agro Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Madhya Bharat Agro Products Ltd (NSE:MBAPL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-0-21, Basement, R.C. Vyas Colony, Bhilwara, RJ, IND, 311001

Website

https://www.mbapl.com

Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals The company operates through one segment namely Manufacturing of Fertilizers. The firm is setting up a project comprising of phosphoric acid, triple superphosphate, chemicals and allied product and further expansion of single super phosphate and sulfuric acid. In addition, it is also involved in the business of purchase and sale of textiles and agricultural products. The majority of its revenue is derived from the manufacturing of fertilizers.

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