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Banqueudi Fransi (SAU:1050) Momentum Rank : 0 (As of May. 26, 2024)


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What is Banqueudi Fransi Momentum Rank?

Banqueudi Fransi 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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Banqueudi Fransi (SAU:1050) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Saudi Fransi (SAU:1050) » Definitions » Momentum Rank
Comparable Companies
SAU:1140 SAU:1080 SAU:1150 SAU:1060 SAU:1030 SAU:1020 SAU:1010 SAU:1180 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN
Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 56006, Riyadh, SAU, 11554
Website
https://www.alfransi.com.sa
Banque Saudi Fransi is a full-service commercial bank. It is engaged in brokerage, asset management, and corporate finance business. Its objective is to provide all types of commercial banking services to both domestic and international customers. The company generates most of its revenues from the Retail Banking segment. The operating segment for the Bank is classified in Retail Banking, Corporate Banking, Treasury and Investment banking and brokerage.

Banqueudi Fransi (SAU:1050) Headlines

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