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Bharat Agri Fert & Realty (BOM:531862) Momentum Rank : 7 (As of May. 15, 2024)


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What is Bharat Agri Fert & Realty Momentum Rank?

Bharat Agri Fert & Realty has the Momentum Rank of 7.

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 Bharat Agri Fert & Realty's Momentum Rank

For the Agricultural Inputs subindustry, Bharat Agri Fert & Realty'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.


Bharat Agri Fert & Realty's Momentum Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bharat Agri Fert & Realty's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Bharat Agri Fert & Realty's Momentum Rank falls into.



Bharat Agri Fert & Realty Momentum Rank Related Terms

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Bharat Agri Fert & Realty (BOM:531862) Business Description

Traded in Other Exchanges
N/A
Address
N. S. Phadke Marg, Near Gokale Bridge, 301, 3rd Floor, Hubtown Solaris, Near East West Flyover, Andheri (East), Mumbai, MH, IND, 400 069
Bharat Agri Fert & Realty Ltd is an Indian company which is engaged in the business of construction and development of residential and commercial complex and manufacture of fertilizers. The company's operating segments are Construction, Fertilizers, and Resort. It generates maximum revenue from the Fertilizers segment. Geographically, it operates only in India. Some of its fertilizer products include Sulphuric Acid; Single Super Phosphate; Granulated Single Super Phosphate; Sodium Cilico Fluoride; Ferric Alum Solid and others.

Bharat Agri Fert & Realty (BOM:531862) Headlines

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