SGT German Private Equity GmbH KGaA (STU:GAI) Momentum Rank : 3 (As of May. 16, 2024)

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What is SGT German Private Equity GmbH KGaA Momentum Rank?

SGT German Private Equity GmbH KGaA has the Momentum Rank of 3.

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 SGT German Private Equity GmbH KGaA's Momentum Rank

For the Asset Management subindustry, SGT German Private Equity GmbH KGaA'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.

SGT German Private Equity GmbH KGaA's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SGT German Private Equity GmbH KGaA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SGT German Private Equity GmbH KGaA's Momentum Rank falls into.

SGT German Private Equity GmbH KGaA Momentum Rank Related Terms

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SGT German Private Equity GmbH KGaA (STU:GAI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SGF:Germany

Address

Bockenheimer Landstrasse 47, Frankfurt am Main, Frankfurt, HE, DEU, 60325

Website

https://www.sgt-germanpe.com

SGT German Private Equity GmbH & Co KGaA is the holding of a private equity asset manager, thus a service provider who makes investments for its issued private equity funds, thus acquires, fosters and sells stakes in established larger businesses after value gains have been generated.

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