Shree Ram Proteins (NSE:SRPL) Momentum Rank : 5 (As of Apr. 12, 2025)

View and export this data going back to 2018. Start your Free Trial

What is Shree Ram Proteins Momentum Rank?

Shree Ram Proteins has the Momentum Rank of 5.

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 Shree Ram Proteins's Momentum Rank

For the Farm Products subindustry, Shree Ram Proteins'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.

Shree Ram Proteins's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Ram Proteins's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shree Ram Proteins's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Shree Ram Proteins Momentum Rank Related Terms

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

Shree Ram Proteins Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shree Ram Proteins Ltd (NSE:SRPL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Feet Ring Road, B-206, Second Floor, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360 005

Website

https://www.shreeramproteins.com

Shree Ram Proteins Ltd is engaged in the business of de-linting and de-hulling of cotton seeds by a mechanical process, oil extraction from cotton seeds, and solvent extraction from cotton seeds oil cake, and groundnuts.

Shree Ram Proteins Headlines

No Headlines