AIB Group (DUB:A5G) Momentum Rank : 8 (As of May. 11, 2024)

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What is AIB Group Momentum Rank?

AIB Group has the Momentum Rank of 8.

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 AIB Group's Momentum Rank

For the Banks - Regional subindustry, AIB Group'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.

AIB Group's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AIB Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where AIB Group's Momentum Rank falls into.

AIB Group Momentum Rank Related Terms

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AIB Group (DUB:A5G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AIB Group PLC (DUB:A5G) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AIBGY:USA AIBRF:USA A5Gi:UK AIBG:UK A5G:Germany

Address

10 Molesworth Street, Dublin 2, IRL

Website

https://www.aib.ie

AIB Group PLC is a banking services company. The company's operating segments are Retail Banking; Capital Markets; AIB UK and Group. It generates maximum revenue from the Retail Banking segment. Retail Banking segment comprises Homes and Consumer, SME and Financial Solutions Group (FSG) in a single integrated segment, focused on meeting the current, emerging and future needs of personal and SME customers. Geographically, it derives a majority of revenue from Ireland and also has a presence in the United Kingdom and the Rest of the World.

AIB Group (DUB:A5G) Headlines

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