Bisichi (LSE:BISI) Momentum Rank : 3 (As of May. 25, 2024)

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What is Bisichi Momentum Rank?

Bisichi has the Momentum Rank of 3.

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 Bisichi's Momentum Rank

For the Thermal Coal subindustry, Bisichi'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.

Bisichi's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Bisichi's Momentum Rank distribution charts can be found below:

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

Bisichi Momentum Rank Related Terms

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

Bisichi (LSE:BISI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Bisichi Plc (LSE:BISI) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

12 Little Portland Street, 2nd Floor, London, GBR, W1W 8BJ

Website

https://www.bisichi.co.uk

Bisichi Plc is a coal mining company that actively seeks new opportunities to extend the life of mine of its existing mining operations or develop new independent mining operations in South Africa. The operating business segments are Mining and Property. It is also engaged in coal washing and acquiring and securing additional coal reserves. The company also invests in retail properties as well as residential property development in the United Kingdom which are managed by London and Associated Properties. The maximum revenue is derived from the mining of coal.

Bisichi (LSE:BISI) Headlines

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