GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco BBVA Peru (LIM:BBVAC1) » Definitions » Momentum Rank

Banco BBVA Peru (LIM:BBVAC1) Momentum Rank : 0 (As of Jun. 02, 2024)


View and export this data going back to 1971. Start your Free Trial

What is Banco BBVA Peru Momentum Rank?

Banco BBVA Peru has the Momentum Rank of 0.

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.

Banco BBVA Peru Momentum Rank Related Terms

Thank you for viewing the detailed overview of Banco BBVA Peru's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Banco BBVA Peru (LIM:BBVAC1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco BBVA Peru (LIM:BBVAC1) » Definitions » Momentum Rank
Comparable Companies
LIM:SCOTIAC1 LIM:INTERBC1 LIM:IFS LIM:FIBPRIME LIM:CREDITC1 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3
Traded in Other Exchanges
N/A
Address
Avenue Republica de Panama North 3055, San Isidro, Lima, PER
Website
https://www.bbva.pe
Banco BBVA Peru is a Peru based company engages in providing banking products and services. Its products and services include saving and current accounts, fixed-term deposits, consumer and commercial loans, mortgages, as well as debit and credit cards, among others. The Bank offers its services both to individual and business customers. The company operates in Wholesale Loans, Small and Micro-Business Loans, Consumer Loans, and Mortgage Loans segments.

Banco BBVA Peru (LIM:BBVAC1) Headlines

No Headlines