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Ukrtelecom PJSC (UKEX:UTLM) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is Ukrtelecom PJSC Momentum Rank?

Ukrtelecom 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.

Ukrtelecom PJSC Momentum Rank Related Terms

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Ukrtelecom PJSC (UKEX:UTLM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ukrtelecom PJSC (UKEX:UTLM) » Definitions » Momentum Rank
Comparable Companies
WAR:MSW WAR:ITB WAR:MSZ WAR:RRH WAR:PJP WAR:DEK WAR:NVA WAR:MSP WAR:INK WAR:TOR SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433
Traded in Other Exchanges
N/A
Address
18, Taras Shevchenko Boulevard, Kyiv, UKR, 01601
Website
https://new.ukrtelecom.ua
Ukrtelecom PJSC operates a telecommunications network that offers telephone services, which include international, long-distance, and local telephony; data transmission and construction of private virtual telephone networks; Internet services, including switched and broadband Internet access, permanent IP-connection through a dedicated line; hardware and virtual hosting. It operates through two segments are Fixed-line telecommunications and Mobile telecommunications. Geographically it operates through Ukraine.

Ukrtelecom PJSC (UKEX:UTLM) Headlines

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