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Brasilagro - Cia Bras de Prop Agricolas (Brasilagro - Cia Bras de Prop Agricolas) Momentum Rank : 5 (As of May. 04, 2024)


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What is Brasilagro - Cia Bras de Prop Agricolas Momentum Rank?

Brasilagro - Cia Bras de Prop Agricolas 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 Brasilagro - Cia Bras de Prop Agricolas's Momentum Rank

For the Farm Products subindustry, Brasilagro - Cia Bras de Prop Agricolas'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.


Brasilagro - Cia Bras de Prop Agricolas's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brasilagro - Cia Bras de Prop Agricolas's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Brasilagro - Cia Bras de Prop Agricolas's Momentum Rank falls into.



Brasilagro - Cia Bras de Prop Agricolas Momentum Rank Related Terms

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Brasilagro - Cia Bras de Prop Agricolas (Brasilagro - Cia Bras de Prop Agricolas) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 1309, 5th Floor, Sao Paulo, SP, BRA, 1452-002
Brasilagro - Cia Bras de Prop Agricolas is a Brazil-based company, engaged in the acquisition, development, operation, and sale of rural properties suitable for agricultural activities. The business activity of the firm is operated through Real estate, Grains, Sugarcane, Cattle rising, Cotton, and Other segments. The Grains segment is involved in the production and sale of soybean and corn. The Sugarcane segment includes the sale of raw product. The Real Estate segment presents the P&L from operations carried out in the company's subsidiaries. The Cattle Raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and the Other segment engages in other corporate activities. The majority of revenue is earned from Grain Segment.

Brasilagro - Cia Bras de Prop Agricolas (Brasilagro - Cia Bras de Prop Agricolas) Headlines

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