PT Bank Pan Indonesia Tbk (ISX:PNBN) Momentum Rank : 8 (As of May. 14, 2024)

View and export this data going back to 1982. Start your Free Trial

What is PT Bank Pan Indonesia Tbk Momentum Rank?

PT Bank Pan Indonesia Tbk has the Momentum Rank of 8.

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 PT Bank Pan Indonesia Tbk's Momentum Rank

For the Banks - Regional subindustry, PT Bank Pan Indonesia Tbk'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.

PT Bank Pan Indonesia Tbk's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Pan Indonesia Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Bank Pan Indonesia Tbk's Momentum Rank falls into.

PT Bank Pan Indonesia Tbk Momentum Rank Related Terms

Thank you for viewing the detailed overview of PT Bank Pan Indonesia Tbk's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Bank Pan Indonesia Tbk (ISX:PNBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Pan Indonesia Tbk (ISX:PNBN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PTQ:Germany

Address

Jl. Jendral Sudirman Kav. 1, Senayan, Jakarta, IDN, 10270

Website

https://www.panin.co.id

PT Bank Pan Indonesia Tbk is an Indonesian bank which operates under the Panin Bank name. The bank primarily derives revenue from lending operations, offering products such as long-term, fixed, revolving and discounted loans, consumer loans, and syndicated loans. In addition, the bank provides custodial services for securities including administration and post-trade settlement, as well as general retail banking products such as deposits and insurance. The bank's headquarters are in Jakarta, Indonesia and it operates a string of branches across the country. The bank earns all revenue domestically, but has a representative office in Singapore. Bank Pan Indonesia is a subsidiary of PT Panin Investment.

PT Bank Pan Indonesia Tbk (ISX:PNBN) Headlines

No Headlines