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Alexander Stamps and Coin (BOM:511463) Momentum Rank : 7 (As of Jun. 06, 2024)


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What is Alexander Stamps and Coin Momentum Rank?

Alexander Stamps and Coin 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 Alexander Stamps and Coin's Momentum Rank

For the Specialty Retail subindustry, Alexander Stamps and Coin'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.


Alexander Stamps and Coin's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alexander Stamps and Coin's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Alexander Stamps and Coin's Momentum Rank falls into.



Alexander Stamps and Coin Momentum Rank Related Terms

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Alexander Stamps and Coin (BOM:511463) Business Description

Traded in Other Exchanges
N/A
Address
301, Camps Corner, Makarpura Road, Opposite SRP Group 4, Near D-Mart, Makarpura, Vadodara, GJ, IND, 390014
Alexander Stamps and Coin Ltd is engaged in the business of philatelic and numismatic activities. It primarily operates in India within the segment of trading of stamps, coins, paper money, postcards, medals, original photos, autographs, newspapers and other related items.

Alexander Stamps and Coin (BOM:511463) Headlines

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