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BNP Paribas Bank Polska (WAR:BNP) Momentum Rank : 6 (As of May. 16, 2024)


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What is BNP Paribas Bank Polska Momentum Rank?

BNP Paribas Bank Polska has the Momentum Rank of 6.

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.

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Competitive Comparison of BNP Paribas Bank Polska's Momentum Rank

For the Banks - Regional subindustry, BNP Paribas Bank Polska'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.


BNP Paribas Bank Polska's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BNP Paribas Bank Polska's Momentum Rank distribution charts can be found below:

* The bar in red indicates where BNP Paribas Bank Polska's Momentum Rank falls into.



BNP Paribas Bank Polska Momentum Rank Related Terms

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BNP Paribas Bank Polska (WAR:BNP) Business Description

Traded in Other Exchanges
Address
Kasprzaka 2, Warsaw, POL, 01-211
BNP Paribas Bank Polska SA provides various banking and financial services. It specializes in the financing of agriculture, food economy and regional infrastructure. Further operation of the firm is breakdown into various business segments which include Retail and Business Banking, Small and Medium-Sized Enterprises, Corporate Banking, Corporate and Institutional Banking as well as Other Operations. The bank is engaged in offering services such as saving and current accounts, deposits, e-banking, loans, debit & credit cards, insurances, pensions schemes and corporate banking for individuals, private banking customers, microenterprises, whereas institutional customers and to medium-sized and large enterprises. Business activity of the bank is primarily functioned through the Poland region.

BNP Paribas Bank Polska (WAR:BNP) Headlines

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