PT Semen Indonesia (Persero) Tbk (PT Semen Indonesia (Persero) Tbk) Momentum Rank : 4 (As of May. 07, 2024)

View and export this data going back to 2009. Start your Free Trial

What is PT Semen Indonesia (Persero) Tbk Momentum Rank?

PT Semen Indonesia (Persero) Tbk 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 PT Semen Indonesia (Persero) Tbk's Momentum Rank

For the Building Materials subindustry, PT Semen Indonesia (Persero) Tbk'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.

PT Semen Indonesia (Persero) Tbk's Momentum Rank Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Indonesia (Persero) Tbk's Momentum Rank distribution charts can be found below:

* The bar in red indicates where PT Semen Indonesia (Persero) Tbk's Momentum Rank falls into.

PT Semen Indonesia (Persero) Tbk Momentum Rank Related Terms

Thank you for viewing the detailed overview of PT Semen Indonesia (Persero) Tbk's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Semen Indonesia (Persero) Tbk (PT Semen Indonesia (Persero) Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Semen Indonesia (Persero) Tbk (OTCPK:PSGTY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SMGR:Indonesia SMS2:Germany

Address

Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430

Website

https://www.sig.id

PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, as well as related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement segment.

PT Semen Indonesia (Persero) Tbk (PT Semen Indonesia (Persero) Tbk) Headlines

No Headlines