Gulshan Polyols (BOM:532457) Momentum Rank : 4 (As of Jun. 08, 2024)

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What is Gulshan Polyols Momentum Rank?

Gulshan Polyols has the Momentum Rank of 4.

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 Gulshan Polyols's Momentum Rank

For the Chemicals subindustry, Gulshan Polyols'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.

Gulshan Polyols's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulshan Polyols's Momentum Rank distribution charts can be found below:

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

Gulshan Polyols Momentum Rank Related Terms

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Gulshan Polyols (BOM:532457) Business Description

Industry

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GULPOLY:India

Address

G-81, Preet Vihar, Delhi, IND, 110092

Website

https://www.gulshanindia.com

Gulshan Polyols Ltd is a manufacturer of Precipitated Calcium Carbonate and Sorbitol in India. Its business portfolio covers Starch Sugars and Native Starches, Fructose, Calcium Carbonate, Alcohol business, Ethanol, and On-site PCC plants. The company has three segments; mineral processing, grain processing, and distillery. The majority of its revenue is earned through the sales of Sorbitol solution also known as glucitol which contributes a prime part of revenue, while the remaining revenue is earned through sales of its other products. Majority of the revenue is earned through the Indian market, while the company also has a presence in various other countries.

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