Sana Kisan Bikas Bank (XNEP:SKBBL) Momentum Rank : 0 (As of Apr. 25, 2025)

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What is Sana Kisan Bikas Bank Momentum Rank?

Sana Kisan Bikas Bank has the Momentum Rank of 0.

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.

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Sana Kisan Bikas Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sana Kisan Bikas Bank Ltd (XNEP:SKBBL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Babarmahal, Kathmandu, NPL

Website

https://www.skbbl.com.np

Sana Kisan Bikas Bank Ltd is a microfinance bank in Nepal that provides wholesale credit and technical support services to Small Farmers' Cooperatives (SFACLs) and other cooperatives. It provides various development programs to ensure access to microfinance services for the poor and small farmers across the country. Its various loans and service offerings include microfinance wholesale credit, livelihood loans, renewable energy loans, credit for meat and milk production, livestock insurance program, business expansion program, and others. The company's segments are based on its organizational geographical structure i.e. area wise offices and include; Head Office, Kathmandu, Birtamod, Hetauda, Bardiwas, Nepalgunj, and Others.

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