Uttam Sugar Mills (NSE:UTTAMSUGAR) Momentum Rank : 8 (As of May. 14, 2025)

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What is Uttam Sugar Mills Momentum Rank?

Uttam Sugar Mills has the Momentum Rank of 8.

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 Uttam Sugar Mills's Momentum Rank

For the Confectioners subindustry, Uttam Sugar Mills'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.

Uttam Sugar Mills's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Uttam Sugar Mills's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Uttam Sugar Mills's Momentum Rank falls into.

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Uttam Sugar Mills Momentum Rank Related Terms

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Uttam Sugar Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Uttam Sugar Mills Ltd (NSE:UTTAMSUGAR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

532729:India

Address

Sector 24, A-2E, 3rd Floor, C.M.A. Tower, Noida, UP, IND, 201 301

Website

http://www.uttamsugar.in

Uttam Sugar Mills Ltd is an Indian company engaged in manufacturing of Sugar, Industrial Alcohol and Generation of Power. The company operates in segments that include Sugar, Cogeneration, and Distillery. The Sugar segment generates maximum revenue for the company. Its products consist of Sulphur-less Refined Sugar, Double Refined, packed in small packaging, Natural Brown Sugar, Liquid Sugar, candy etc. . Majorly the company caters to the Indian market.

Uttam Sugar Mills Headlines

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