Sindhu Trade Links (NSE:SINDHUTRAD) Momentum Rank : 0 (As of May. 12, 2025)

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What is Sindhu Trade Links Momentum Rank?

Sindhu Trade Links 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.

Sindhu Trade Links Momentum Rank Related Terms

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Sindhu Trade Links Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sindhu Trade Links Ltd (NSE:SINDHUTRAD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

532029:India

Address

Sector 30, No. 701, 7th Floor, Tower A, Signature Tower, South City 1, Gurugram, HR, IND, 122003

Website

https://www.sindhutrade.com

Sindhu Trade Links Ltd is engaged in activities of Transportation and Logistics, Media, Investment and Finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links Headlines

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