Quess (NSE:QUESS) Momentum Rank

: 9 (As of Today)

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Quess has the Momentum Rank of 9.

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

For the Staffing & Employment Services subindustry, Quess'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.

Quess Momentum Rank Distribution

For the Business Services industry and Industrials sector, Quess's Momentum Rank distribution charts can be found below:

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

Quess Momentum Rank Related Terms

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Quess (NSE:QUESS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quess Corp Ltd (NSE:QUESS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

539978:India

Address

3/3/2 Bellandur Gate, Sarjapur Main Road, Quess House, Bengaluru, KA, IND, 560103

Website

https://www.quesscorp.com

Quess Corp Ltd is a business service provider based in India. The company's operating segment includes Workforce Management; Operating Asset Management. Global technology solutions and Product led business. Its Workforce Management segment provides staffing services and solutions including general staffing, recruitment, and executive search, recruitment process outsourcing, as well as payroll, compliance, and background verification services, training and skill development, and logistic services; Operating Asset Managements; and Global technology solutions. It generates maximum revenue from the Workforce Management segment. Geographically, it derives a majority of its revenue from India.

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