Warimpex Finanz-und Beteiligungs AG (WBO:WXF) Momentum Rank : 10 (As of May. 12, 2024)

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What is Warimpex Finanz-und Beteiligungs AG Momentum Rank?

Warimpex Finanz-und Beteiligungs AG has the Momentum Rank of 10.

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 Warimpex Finanz-und Beteiligungs AG's Momentum Rank

For the Real Estate Services subindustry, Warimpex Finanz-und Beteiligungs AG'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.

Warimpex Finanz-und Beteiligungs AG's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Warimpex Finanz-und Beteiligungs AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Warimpex Finanz-und Beteiligungs AG's Momentum Rank falls into.

Warimpex Finanz-und Beteiligungs AG Momentum Rank Related Terms

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Warimpex Finanz-und Beteiligungs AG (WBO:WXF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Warimpex Finanz-und Beteiligungs AG (WBO:WXF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WXF:Poland WFS:Germany

Address

Floridsdorfer Hauptstrasse 1, Vienna, AUT, A-1210

Website

https://www.warimpex.com

Warimpex Finanz-und Beteiligungs AG is a real estate development and investment company. The company's core focus is on the construction and operation of hotels and offices in Central and Eastern Europe. The business operates in various segments that include Investment Properties, Hotels, and Development and Services. Geographically the company's services are exported to Austria, Poland, Germany, Russia, and Hungary. The Russia region earns maximum income for the company.

Warimpex Finanz-und Beteiligungs AG (WBO:WXF) Headlines

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