Insas Bhd (XKLS:3379) Momentum Rank : 7 (As of Apr. 29, 2025)

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What is Insas Bhd Momentum Rank?

Insas Bhd has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Insas Bhd's Momentum Rank

For the Capital Markets subindustry, Insas Bhd'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.

Insas Bhd's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Insas Bhd's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Insas Bhd's Momentum Rank falls into.

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Insas Bhd Momentum Rank Related Terms

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Insas Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Insas Bhd (XKLS:3379) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

3379PB.PFD:Malaysia

Address

Lingkaran Syed Putra, Suite 23.02, Level 23, The Gardens South Tower, Mid Valley City, Kuala Lumpur, MYS, 59200

Website

https://www.insas.net

Insas Bhd is engaged in several business segments, which include stockbroking, provisioning of corporate finance and advisory services, structured finance, and the provision of Fund management services (Financial Services); investment holding and trading; Technology and IT-related services (Technology); manufacturing and distribution of consumer products and services, retail trading and car rental; and Property investment and development. Maximum revenue for the company is generated from its Investment holding and trading segment which is engaged in investment holding and trading of quoted securities and other related financial instruments, and provision of management services. Geographically, it derives key revenue from Malaysia and the rest from Singapore and other countries.

Insas Bhd Headlines

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