Arctic Paper (LTS:0OIU) Momentum Rank : 8 (As of May. 05, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Arctic Paper Momentum Rank?

Arctic Paper 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 Arctic Paper's Momentum Rank

For the Paper & Paper Products subindustry, Arctic Paper'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.

Arctic Paper's Momentum Rank Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Arctic Paper's Momentum Rank falls into.

Arctic Paper Momentum Rank Related Terms

Thank you for viewing the detailed overview of Arctic Paper's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Arctic Paper (LTS:0OIU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Arctic Paper SA (LTS:0OIU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ARP:Sweden ATC:Poland A0P:Germany

Address

UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470

Website

https://www.arcticpaper.com

Arctic Paper SA is a holding company in Poland. The company produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses and the advertising industry. The company operates solely in the segment of high-quality graphic papers which is split into three core segments: Uncoated paper, Pulp, coated papers, and Other. Majority of revenue is generated from Uncoated segment.

Arctic Paper (LTS:0OIU) Headlines

No Headlines