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JSC VTB Bank (XTER:KYM1) Momentum Rank : 0 (As of Jun. 02, 2024)


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What is JSC VTB Bank Momentum Rank?

JSC VTB Bank 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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JSC VTB Bank (XTER:KYM1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JSC VTB Bank (XTER:KYM1) » Definitions » Momentum Rank
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MIC:CBOM MIC:BSPB MIC:USBN MIC:PRMB MIC:KUZB NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05 BSP:ITUB3 PNC SAU:1180 HKSE:01658 ISX:BBRI
Traded in Other Exchanges
VTBR:Russia
Address
11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
Website
https://www.vtb.com
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.

JSC VTB Bank (XTER:KYM1) Headlines

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