Stalexport Autostrady (WAR:STX) Momentum Rank : 7 (As of Jun. 09, 2024)

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What is Stalexport Autostrady Momentum Rank?

Stalexport Autostrady has the Momentum Rank of 7.

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 Stalexport Autostrady's Momentum Rank

For the Infrastructure Operations subindustry, Stalexport Autostrady'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.

Stalexport Autostrady's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Stalexport Autostrady's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Stalexport Autostrady's Momentum Rank falls into.

Stalexport Autostrady Momentum Rank Related Terms

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Stalexport Autostrady (WAR:STX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stalexport Autostrady SA (WAR:STX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

8ZZ:Germany

Address

ul. Piaskowa 20, Myslowice, POL, 41-404

Website

http://www.stalexport-autostrady.pl

Stalexport Autostrady SA is an engineering and infrastructure company based in Poland. It operates under two divisions; Management of motorways and provision of advisory and rental services. Its core business is the construction and maintenance of motorways throughout the country, especially Katowice-Krakow section of the A4 motorway. The company manufactures metal structures, installs industrial machinery, repairs fabricated metal products, constructs bridges and tunnels and underground railways and provides for electrical installations for infrastructure. Its other businesses comprise of the leasing office, parking spaces and provision of management and business advisory services.