KSG Agro (WAR:KSG) Momentum Rank : 5 (As of Jun. 06, 2024)

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What is KSG Agro Momentum Rank?

KSG Agro has the Momentum Rank of 5.

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 KSG Agro's Momentum Rank

For the Farm Products subindustry, KSG Agro'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.

KSG Agro's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KSG Agro's Momentum Rank distribution charts can be found below:

* The bar in red indicates where KSG Agro's Momentum Rank falls into.

KSG Agro Momentum Rank Related Terms

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KSG Agro (WAR:KSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KSG Agro SA (WAR:KSG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, rue Astrid, Luxembourg, LUX, L-1143

Website

https://www.ksgagro.com

KSG Agro SA is engaged in the cultivation of land and the production of agricultural crops. It has two operating segments. The Crop production segment is focused on sunflower, wheat, barley, rapeseed, and corn. The Pigs breeding segment deals with the sale of pigs and piglets in live and dead weight. It generates a vast majority of its revenues from Ukraine and also has operations across Europe.

KSG Agro (WAR:KSG) Headlines

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