RBC Group PJSC (MIC:RBCM) Momentum Rank : 0 (As of Jun. 09, 2024)

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What is RBC Group PJSC Momentum Rank?

RBC Group PJSC has the Momentum Rank of 0.

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.

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RBC Group PJSC (MIC:RBCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » RBC Group PJSC (MIC:RBCM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

st. Leninskaya Sloboda, 26, Building 3, Moscow, RUS, 117393

Website

https://www.rbc.group

RBC Group PJSC is a media holding company. The company engages in internet, television, and printed publications. In Internet, the company provides the portal which includes personal finance, sports, real estate, and lifestyle. In television, the company provides RBC channel which focuses on coverage of economic and financial events in Russia. It also provides RBC daily newspaper and monthly business magazine. The services provided by the company are conferences and awards, domain name registration and hosting, and entertainment resources.

RBC Group PJSC (MIC:RBCM) Headlines

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