Komercni Banka AS (STU:KONN) Momentum Rank : 7 (As of Oct. 31, 2024)

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What is Komercni Banka AS Momentum Rank?

Komercni Banka AS has the Momentum Rank of 7.

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 Komercni Banka AS's Momentum Rank

For the Banks - Regional subindustry, Komercni Banka AS'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.

Komercni Banka AS's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Komercni Banka AS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Komercni Banka AS's Momentum Rank falls into.

Komercni Banka AS Momentum Rank Related Terms

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Komercni Banka AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Komercni Banka AS (STU:KONN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

KMERF:USA 0IKH:UK KOMB:Czech Republic

Address

Na Prikope 33/969, P.O. BOX 839, Prague 1, CZE, 114 07

Website

https://www.kb.cz

Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by specialized financial services provided by its subsidiaries. The bank operates mainly in the Czech Republic, as well as provides some services to corporate clients in Slovakia. The bank emphasizes long-term client relationships and creating solutions based on client feedback. The majority of the bank's net revenue is net interest income mainly from loans and advances to customers. The bank's loan portfolio is tilted toward the real estate, wholesale, and transportation industries, as well as public administration.

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