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IMPRESA SGPS (XLIS:IPR) Momentum Rank : 2 (As of May. 12, 2024)


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What is IMPRESA SGPS Momentum Rank?

IMPRESA SGPS has the Momentum Rank of 2.

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 IMPRESA SGPS's Momentum Rank

For the Broadcasting subindustry, IMPRESA SGPS'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.


IMPRESA SGPS's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IMPRESA SGPS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where IMPRESA SGPS's Momentum Rank falls into.



IMPRESA SGPS Momentum Rank Related Terms

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IMPRESA SGPS (XLIS:IPR) Business Description

Traded in Other Exchanges
Address
Rua Ribeiro Sanches, 65, Lisbon, PRT, 1200-787
IMPRESA SGPS SA is a media group with three business areas: SIC, IMPRESA Publishing, and IMPRESA Digital, with interests that cover television, cable channels, newspaper Expresso, magazines, internet properties, and distribution. The company operates an online platform, Impresa Media Criativa, that gathers all of its creative outlets. Geographically operations are carried out through the Portugal region. The operating segment of the group is Television, Publishing, and others.

IMPRESA SGPS (XLIS:IPR) Headlines

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