Telkom SOC (Telkom SOC) Momentum Rank : 8 (As of May. 05, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Telkom SOC Momentum Rank?

Telkom SOC 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 Telkom SOC's Momentum Rank

For the Telecom Services subindustry, Telkom SOC'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.

Telkom SOC's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telkom SOC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Telkom SOC's Momentum Rank falls into.

Telkom SOC Momentum Rank Related Terms

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

Telkom SOC (Telkom SOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telkom SA SOC Ltd (OTCPK:TKMJF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TKG:South Africa TZL1:Germany

Address

61 Oak Avenue, Telkom Park, Highveld, Centurion, GT, ZAF, 0157

Website

https://www.telkom.co.za

Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The fixed-line segment has more than 4.5 million access lines in South Africa, where fixed-line penetration is 9.3%. Telkom offers wireless data services through subsidiary Swiftnet. The firm owns 75% of Multi-Links, a mobile operation in Nigeria with 1.78 million subscribers. The firm also owns Africa Online, which has more than 17,000 Internet customers throughout the continent.

Telkom SOC (Telkom SOC) Headlines

From GuruFocus

Foray Into Non-Telecom Businesses Is a Double-Edged Sword for This Leader

By Patricio Kehoe Patricio Kehoe • 04-04-2014