Tambov power supply company PJSC (MIC:TASB) Momentum Rank : 10 (As of Jun. 02, 2024)

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What is Tambov power supply company PJSC Momentum Rank?

Tambov power supply company PJSC has the Momentum Rank of 10.

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 Tambov power supply company PJSC's Momentum Rank

For the Utilities - Regulated Electric subindustry, Tambov power supply company PJSC'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.

Tambov power supply company PJSC's Momentum Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tambov power supply company PJSC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tambov power supply company PJSC's Momentum Rank falls into.

Tambov power supply company PJSC Momentum Rank Related Terms

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Tambov power supply company PJSC (MIC:TASB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tambov power supply company PJSC (MIC:TASB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TASBP:Russia

Address

Morshanskoe Street 23, Tambov, RUS, 392000

Website

http://www.tesk.tmb.ru

Tambov power supply company PJSC sells electric energy as well as provides services including installation, repairs and adjustments.

Tambov power supply company PJSC (MIC:TASB) Headlines

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