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Patisserie Holdings (Patisserie Holdings) Momentum Rank : 0 (As of Jun. 02, 2024)


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What is Patisserie Holdings Momentum Rank?

Patisserie Holdings 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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Patisserie Holdings (Patisserie Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Patisserie Holdings PLC (GREY:PSSHF) » Definitions » Momentum Rank
Comparable Companies
WTRH TSE:8153 LSE:FSTA NSE:COFFEEDAY NZSE:RBD RUTH TSE:7611 TSE:3543 TSE:3087 XMAD:TPZ TSE:2695 TSE:7421 TSE:9945 TSE:9887 LSE:MARS ASX:CKF BOM:505533 TSE:8179 JSE:FBR TSE:8160
Traded in Other Exchanges
N/A
Address
146 – 156 Sarehole Road, Birmingham, West Midlands, GBR, B28 8DT
Website
https://www.patisserie-valerie.co.uk
Patisserie Holdings PLC operates a chain of cafes and casual diners in the United Kingdom. Its product offering includes cakes, pastries, snacks, meals, hot and cold drinks, teas, coffees, continental breakfasts and light meals. The company functions under five brands: Patisserie Valerie, Druckers - Vienna Patisserie, Philpotts, Baker and Spice and Flour Power City Bakery across England and Scotland. Patisserie recognizes its revenues through the sale of its products across the outlets.

Patisserie Holdings (Patisserie Holdings) Headlines

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