Gol Linhas Aereas Inteligentes (BSP:GOLL4) Momentum Rank : 0 (As of Jul. 24, 2025)

View and export this data going back to 2004. Start your Free Trial

What is Gol Linhas Aereas Inteligentes Momentum Rank?

Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes Momentum Rank Related Terms

Thank you for viewing the detailed overview of Gol Linhas Aereas Inteligentes's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Gol Linhas Aereas Inteligentes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gol Linhas Aereas Inteligentes SA (BSP:GOLL4) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GOLLQ:USA

Address

Portaria 3, Predio 24, Praca Comandante Linneu Gomes, Jardim Aeroporto, Sao Paulo, SP, BRA, 04630-000

Website

https://www.voegol.com.br

Gol Linhas Aereas Inteligentes SA is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operates both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes Headlines

No Headlines