Krishna Capital and Securities (BOM:539384) Momentum Rank : 4 (As of May. 24, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Krishna Capital and Securities Momentum Rank?

Krishna Capital and Securities 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 Krishna Capital and Securities's Momentum Rank

For the Credit Services subindustry, Krishna Capital and Securities'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.

Krishna Capital and Securities's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Krishna Capital and Securities's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Krishna Capital and Securities's Momentum Rank falls into.

Krishna Capital and Securities Momentum Rank Related Terms

Thank you for viewing the detailed overview of Krishna Capital and Securities's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Krishna Capital and Securities (BOM:539384) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Krishna Capital and Securities Ltd (BOM:539384) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyamal Cross Road, 403, Mauryansh Elanza, Behind Parekh Hospital, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.kcsl.co.in

Krishna Capital and Securities Ltd is an India-based non-banking financial company. It is engaged in the business of lending capital and trading securities. The firm provides finance for companies, corporate bodies, and firms by way of advances and short-term loans.

Krishna Capital and Securities (BOM:539384) Headlines

No Headlines