S.S. Infrastructure Development Consultants (NSE:SSINFRA) Momentum Rank : 0 (As of Jun. 20, 2024)

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

What is S.S. Infrastructure Development Consultants Momentum Rank?

S.S. Infrastructure Development Consultants 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.

S.S. Infrastructure Development Consultants Momentum Rank Related Terms

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

S.S. Infrastructure Development Consultants (NSE:SSINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » S.S. Infrastructure Development Consultants Ltd (NSE:SSINFRA) » Definitions » Momentum Rank

Comparable Companies

BOM:541112 WAR:PTH ZAG:THNK HKSE:08460 TSXV:MSP NSE:PIGL BOM:532904 NSE:HECPROJECT WAR:ECT RELT

Traded in Other Exchanges

N/A

Address

Flat No. 15, Jabbar Building, Begumpet, Hyderabad, TG, IND, 500016

Website

http://www.ssidcon.org

S.S. Infrastructure Development Consultants Ltd is engaged in the business of Engineering Consultancy. The company provides Architectural Planning, Comprehensive Civil/Structural designs, Project Management Consultancy, Repairs and Rehabilitation, and Quality Management Systems. Its project includes Office Buildings, Pharma and Clean Rooms, Institutional Structures, Integrated Townships, Green Buildings, and others.

S.S. Infrastructure Development Consultants (NSE:SSINFRA) Headlines

No Headlines