Anheuser-Busch InBev/NV (XSWX:ABIT) Momentum Rank : 0 (As of Jun. 08, 2024)

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What is Anheuser-Busch InBev/NV Momentum Rank?

Anheuser-Busch InBev/NV has the Momentum Rank of 0.

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.

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Anheuser-Busch InBev/NV (XSWX:ABIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anheuser-Busch InBev SA/NV (XSWX:ABIT) » Definitions » Momentum Rank

Traded in Other Exchanges

ANH:South Africa BUDFF:USA BUD:USA ANB:Mexico ABI:Italy 0A22:UK ABIb:UK 0RJI:UK 1NBA:Germany ITKA:Germany 1NBA:Germany 1NBA:Germany ITKA:Germany 1NBA:Germany ABUD34:Brazil ABI:Belgium ABIN:Austria

Address

Brouwerijplein 1, Leuven, BEL, 3000

Website

https://www.ab-inbev.com

Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch InBev/NV (XSWX:ABIT) Headlines

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