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BIDV Securities JSC (STC:BSI) Momentum Rank : 0 (As of May. 31, 2024)


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What is BIDV Securities JSC Momentum Rank?

BIDV Securities JSC 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.

BIDV Securities JSC Momentum Rank Related Terms

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BIDV Securities JSC (STC:BSI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIDV Securities JSC (STC:BSI) » Definitions » Momentum Rank
Comparable Companies
STC:VIX STC:AGR STC:HCM HSTC:BVS STC:VCI STC:VND MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908 SHSE:601688 LPLA SHSE:601211 SHSE:600999
Traded in Other Exchanges
N/A
Address
35 Hang Voi, 10th, 11th floor, BIDV Tower, Hanoi, VNM
Website
https://www.bsc.com.vn
BIDV Securities JSC is a Vietnam based securities firm. It is engaged in the business of providing services such as research and analysis, brokerage, trading and investment, and investment banking services. In addition, the firm also offers services for derivative securities, warranted warranties, digital certificate and iBroker facility.

BIDV Securities JSC (STC:BSI) Headlines

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