Tree House Education & Accessories (BOM:533540) Momentum Rank : 6 (As of May. 21, 2024)

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What is Tree House Education & Accessories Momentum Rank?

Tree House Education & Accessories has the Momentum Rank of 6.

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 Tree House Education & Accessories's Momentum Rank

For the Education & Training Services subindustry, Tree House Education & Accessories'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.

Tree House Education & Accessories's Momentum Rank Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tree House Education & Accessories's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tree House Education & Accessories's Momentum Rank falls into.

Tree House Education & Accessories Momentum Rank Related Terms

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Tree House Education & Accessories (BOM:533540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tree House Education & Accessories Ltd (BOM:533540) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TREEHOUSE:India

Address

Dadabhai Road, 101, Sapphire Plaza, Opposite CNMS School, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.treehouseplaygroup.net

Tree House Education & Accessories Ltd provides providing education and related services including leasing of education infrastructure services in India. The group offers pre-primary education services and Education support services. It has a curriculum designed in-house using a combination of Playway and Montessori methods. Apart from reading, writing, and arithmetic it also teaches life skills and value education. In addition, the group provides various activities including playing with toys, listening to music, socio-dramatic plays, creative crafts and festival celebrations. It operates playgroup, nursery, junior kindergarten (KG), senior KG, summer camp, teachers training course, hobby class and daycare services.

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