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Poste srpske ad (XBLB:POST-R-A) Momentum Rank : 0 (As of Jun. 20, 2024)


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What is Poste srpske ad Momentum Rank?

Poste srpske ad 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.

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Poste srpske ad (XBLB:POST-R-A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Poste srpske ad (XBLB:POST-R-A) » Definitions » Momentum Rank
Comparable Companies
TSX:TRI CTAS GPN XAMS:WKL XPAR:TEP LSE:RTO ASX:BXB XPAR:SW LSE:ITRK ARMK TSX:RBA GXO TSE:7911 TSE:7912 SHSE:600153 IAA LSE:HSV MMS XAMS:INPST XPAR:ELIS
Traded in Other Exchanges
N/A
Address
Ul. King Petar I, Karadjordjevic 93, Banja Luka, BIH, 78000
Website
http://www.postesrpske.com
Poste srpske ad is engaged in providing postal services in Bosnia and Herzegovina. The company offers postal services for letter mail items, parcels, direct mail, and postal items intended to blind persons. In addition, it also provides postal and telegraphic money orders in paper and electronic format and cash payments to home addresses. The company also offers internet services throughout the Republic of Srpska.

Poste srpske ad (XBLB:POST-R-A) Headlines

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