City Online Services (BOM:538674) Momentum Rank : 5 (As of May. 12, 2024)

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What is City Online Services Momentum Rank?

City Online Services has the Momentum Rank of 5.

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 City Online Services's Momentum Rank

For the Telecom Services subindustry, City Online Services'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.

City Online Services's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, City Online Services's Momentum Rank distribution charts can be found below:

* The bar in red indicates where City Online Services's Momentum Rank falls into.

City Online Services Momentum Rank Related Terms

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City Online Services (BOM:538674) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » City Online Services Ltd (BOM:538674) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Aditya Trade Cente, 701, 7th Floor, Ameerpet, Hyderabad, TG, IND, 500 038

Website

https://www.cityonlines.com

City Online Services Ltd operates as an internet service provider (ISP) company. Principally, it is engaged in the business of providing internet and intranet services, data center solutions, custom Wi-Fi solutions, and managed services. The company's data center solutions include web hosting, co-location of servers, and video streaming and webcasting services to corporates, media companies, the hospitality industry, residential apartments, and gated communities.

City Online Services (BOM:538674) Headlines

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