Sberbank of Russia PJSC (RTC:SBERP.PFD) Momentum Rank : 8 (As of Dec. 13, 2024)

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What is Sberbank of Russia PJSC Momentum Rank?

Sberbank of Russia PJSC has the Momentum Rank of 8.

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.

Competitive Comparison of Sberbank of Russia PJSC's Momentum Rank

For the Banks - Regional subindustry, Sberbank of Russia PJSC'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.

Sberbank of Russia PJSC's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sberbank of Russia PJSC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sberbank of Russia PJSC's Momentum Rank falls into.

Sberbank of Russia PJSC Momentum Rank Related Terms

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Sberbank of Russia PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sberbank of Russia PJSC (RTC:SBERP.PFD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

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Address

19 Vavilova Street, Moscow, RUS, 117997

Website

http://www.sberbank.ru

Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.

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