Weekly equity research · Indonesia

Momentum Intelligence

Strength that extends beyond one good week.

Find positive momentum shared across time periods, then weigh the consistency of the rise against its volatility.

Week ending25 Sep 2026Latest complete country edition

Eligible equities856Complete price and risk profiles

Broad & orderly148Meet the default screening criteria

All four horizons positive114Returns above +1% at every horizon

Participation across time · full ID equity edition

How widely is momentum shared?

Compare the share advancing over each horizon. Short-term strength with weak longer horizons points to a recovery still finding support.

Positive · above +1%Flat · within ±1%Negative · below −1%

1 month

30%positive

3 months

66%positive

6 months

36%positive

12 months

40%positive

View participation counts

Horizon	Positive	Flat	Negative
1 month	258	133	465
3 months	568	69	219
6 months	311	32	513
12 months	339	18	499

263 of 856 equities have at least three positive horizons.The typical annualised weekly volatility is 49.8%. A strong return and a smooth journey are different things.

The screener

Find the strongest complete profiles

Indonesia · 25 Sep 2026

Country Company or ticker Sort by Screen Sector Path quality Annualised volatility

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9 matches · showing 1–9Momentum strength · highest strength first by default

Equity	Momentum strength	Price returns	Path & agreement	Risk context
1 BSSR PT Baramulti Suksessarana TbkJKT · EnergyWeekly chart ↗	97.6 /100 Broad & orderly	1m+18.4% 3m+34.4% 6m+31.1% 12m+49.5% Price change · IDR	Orderly4 of 4 horizons positive100% path efficiency · 12 of 13 weeks up	27.7%Annualised weekly volatility0.0%From 52-week closing high
2 SMMT PT Golden Eagle Energy TbkJKT · EnergyWeekly chart ↗	92.1 /100 Broad & orderly	1m+57.3% 3m+73.9% 6m+169.8% 12m+165.3% Price change · IDR	Orderly4 of 4 horizons positive81% path efficiency · 9 of 13 weeks up	83.4%Annualised weekly volatility0.0%From 52-week closing high
3 SGER PT Sumber Global Energy TbkJKT · EnergyWeekly chart ↗	90.0 /100 Broad & orderly	1m+22.5% 3m+97.6% 6m+79.3% 12m+120.1% Price change · IDR	Orderly4 of 4 horizons positive81% path efficiency · 9 of 13 weeks up	93.9%Annualised weekly volatility0.0%From 52-week closing high
4 AADI Adaro Andalan Indonesia Tbk.JKT · EnergyWeekly chart ↗	80.9 /100 Broad & orderly	1m+10.0% 3m+39.8% 6m+4.9% 12m+57.2% Price change · IDR	Orderly4 of 4 horizons positive63% path efficiency · 9 of 13 weeks up	55.1%Annualised weekly volatility-8.0%From 52-week closing high
5 PTBA PT Bukit Asam (Persero) TbkJKT · EnergyWeekly chart ↗	77.5 /100 Broad & orderly	1m+22.1% 3m+30.9% 6m-0.3% 12m+31.5% Price change · IDR	Orderly3 of 4 horizons positive67% path efficiency · 7 of 13 weeks up	29.5%Annualised weekly volatility-0.3%From 52-week closing high
6 ARII PT Atlas Resources TbkJKT · EnergyWeekly chart ↗	77.1 /100 Broad & orderly	1m+11.6% 3m+18.1% 6m+23.5% 12m+14.0% Price change · IDR	Orderly4 of 4 horizons positive42% path efficiency · 8 of 13 weeks up	34.7%Annualised weekly volatility-0.6%From 52-week closing high
7 AKRA PT AKR Corporindo TbkJKT · EnergyWeekly chart ↗	76.3 /100 Broad & orderly	1m+7.3% 3m+15.4% 6m+11.7% 12m+22.6% Price change · IDR	Orderly4 of 4 horizons positive37% path efficiency · 7 of 13 weeks up	30.4%Annualised weekly volatility-4.2%From 52-week closing high
8 MBAP PT Mitrabara Adiperdana TbkJKT · EnergyWeekly chart ↗	68.4 /100 Broad & orderly	1m+14.1% 3m+26.9% 6m-6.3% 12m+4.0% Price change · IDR	Orderly3 of 4 horizons positive66% path efficiency · 8 of 13 weeks up	34.3%Annualised weekly volatility-6.6%From 52-week closing high
9 MEDC PT Medco Energi Internasional TbkJKT · EnergyWeekly chart ↗	62.2 /100 Broad & orderly	1m+6.6% 3m+36.8% 6m-21.2% 12m+9.8% Price change · IDR	Orderly3 of 4 horizons positive56% path efficiency · 9 of 13 weeks up	46.3%Annualised weekly volatility-21.2%From 52-week closing high

Strength scores use the full eligible Indonesia equity edition, so changing a filter does not change a stock’s score. Returns exclude dividends. Listing country does not establish business exposure.

A transparent ranking

Strong returns, with context

60% · Adjusted strength

Three-, six- and twelve-month log returns are divided by weekly volatility scaled to each horizon. Each is ranked within the country’s complete equity edition, then the three percentile ranks are averaged. Ties share a rank.

20% · Horizon agreement

Each of the four returns above +1% contributes five points. The default leader screen requires at least three positive horizons, a three-month return above +1% and a one-month return no lower than −1%.

20% · Path quality

Over thirteen weeks, net log-price progress is divided by total absolute weekly movement. A more direct path scores higher. The leader screen requires at least 35% efficiency; direction is checked separately.

Risk remains visible

Volatility uses the latest 26 weekly log returns, annualised. A 5% floor is used only in the ranking denominator. The displayed volatility is unchanged. Drawdown measures the distance from the 52-week closing high.

Coverage, publication and limitations

These weights are an explicit research ranking, not a fitted prediction, validated strategy or probability of success. Horizons overlap and are not independent evidence. Large returns may still be stretched; low volatility does not guarantee safety. The ranking does not filter for liquidity or company fundamentals.

Active equity listings use saved, complete weekly Momentum Intelligence profiles. Incomplete, inconsistent or non-finite inputs are excluded, never filled with zero. Cross-listings are separate observations; returns are in each listing’s currency and exclude dividends, fees and taxes. Weekly replacements become visible only when complete; the previous edition stays available with its date.

Published 27 Sep 2026, 23:40 BST · 856 eligible equity profiles in this screen.