GEA (Grenobloise d'Electronique et d'Automatismes) (XPAR:GEA) Momentum Rank : 4 (As of May. 12, 2024)

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What is GEA (Grenobloise d'Electronique et d'Automatismes) Momentum Rank?

GEA (Grenobloise d'Electronique et d'Automatismes) has the Momentum Rank of 4.

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 GEA (Grenobloise d'Electronique et d'Automatismes)'s Momentum Rank

For the Business Equipment & Supplies subindustry, GEA (Grenobloise d'Electronique et d'Automatismes)'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.

GEA (Grenobloise d'Electronique et d'Automatismes)'s Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEA (Grenobloise d'Electronique et d'Automatismes)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where GEA (Grenobloise d'Electronique et d'Automatismes)'s Momentum Rank falls into.

GEA (Grenobloise d'Electronique et d'Automatismes) Momentum Rank Related Terms

Thank you for viewing the detailed overview of GEA (Grenobloise d'Electronique et d'Automatismes)'s Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

GEA (Grenobloise d'Electronique et d'Automatismes) (XPAR:GEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GEA (Grenobloise d'Electronique et d'Automatismes) (XPAR:GEA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inovallee 12, chemin de Malacher, CS 60085, Meylan, FRA, 38243

Website

http://www.gea.fr

GEA (Grenobloise d'Electronique et d'Automatismes) is engaged in the business of designing, manufacturing, developing, integrating, installing and maintaining toll collection systems as well as it also provides parking revenue collection systems. Its products include automatic ticket issuing machine, manual toll terminals, automatic payment machines, plaza computer systems and central systems.

GEA (Grenobloise d'Electronique et d'Automatismes) (XPAR:GEA) Headlines

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