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Maier + Partner AG (HAM:MPRK) Momentum Rank : 0 (As of Jun. 03, 2024)


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What is Maier + Partner AG Momentum Rank?

Maier + Partner AG 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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Maier + Partner AG (HAM:MPRK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Maier + Partner AG (HAM:MPRK) » Definitions » Momentum Rank
Comparable Companies
BOM:503681 HAM:KMLK BOM:512591 BOM:531515 BOM:505585 BOM:538351 WAR:VCP BOM:532164 BOM:536965 WAR:EVE TSXV:PPK WAR:WIS BOM:535730 TSX:XMF.A TSXV:RII.H WAR:FMG TSXV:PCL.P XCNQ:LLL TSXV:AFC.P ASX:GBA
Traded in Other Exchanges
N/A
Address
c / o BG Moorhof, Moorhof 11, Hamburg, DEU, 22399
Website
http://maier-und-partner.de
Maier + Partner AG is engaged in build and operate plants in its own portfolio and makes strategic investments in the field of renewable energies for sustainable growth and a safe return.

Maier + Partner AG (HAM:MPRK) Headlines

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