UPL (NSE:UPL) Momentum Rank : 4 (As of May. 03, 2024)

View and export this data going back to 2004. Start your Free Trial

What is UPL Momentum Rank?

UPL 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 UPL's Momentum Rank

For the Agricultural Inputs subindustry, UPL'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.

UPL's Momentum Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, UPL's Momentum Rank distribution charts can be found below:

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

UPL Momentum Rank Related Terms

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

UPL (NSE:UPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » UPL Ltd (NSE:UPL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

512070:India UPLL:UK

Address

UPL House, 610 B/2, Bandra Village, Off Western Express Highway, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.upl-ltd.com

UPL Ltd is a global crop protection and seed company with product sales to the agricultural industry. The Company derives revenue primarily from sale of agro-chemicals, seeds and other products. The firm's crop protection portfolio includes fungicides, herbicides, insecticides, plant growth regulators rodenticides, and specialty crop chemicals. The firm's seed products consist of nutri-feeds, seeds, and seed treatment products. UPL competes on price with the manufacture and sale of generic products. UPL generates its revenue worldwide, with sales in over 120 countries, and derives the largest share of its revenue in India. The firm sells its products through a distribution network in each region.

UPL (NSE:UPL) Headlines

No Headlines