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SBC Exports (NSE:SBC) Momentum Rank : 0 (As of Jun. 23, 2024)


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What is SBC Exports Momentum Rank?

SBC Exports has the Momentum Rank of 0.

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.

SBC Exports Momentum Rank Related Terms

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SBC Exports (NSE:SBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SBC Exports Ltd (NSE:SBC) » Definitions » Momentum Rank
Comparable Companies
BOM:507836 BOM:509525 BOM:535136 BOM:540980 BOM:512229 BOM:512531 BOM:500780 BOM:533260 BOM:517556 BOM:530299 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
542725:India
Address
49/95 Site-IV Sahibabad Industrial Area, Ghaziabad, UP, IND, 201010
Website
https://www.sbcexportslimited.com
SBC Exports Ltd is engaged in the Trading of handmade carpets, cushion covers, cotton quilts, bedspreads, and others. To diversify the business, the group expanded business activities in Information Technology, Manpower Supply Services, and Tour and Travels Services. It also added services like IT Solutions, E-Governances Services, Web/Software Developments, Scanning and Digitization, System Integration, and others. Its segment comprises of Garment Manufacturing and Trading; IT and Manpower Supply; and Tour and Travelling Operator.

SBC Exports (NSE:SBC) Headlines

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