DWS Group GmbH KGaA (XTER:DWS) Momentum Rank : 10 (As of May. 14, 2024)

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What is DWS Group GmbH KGaA Momentum Rank?

DWS Group GmbH KGaA 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 DWS Group GmbH KGaA's Momentum Rank

For the Asset Management subindustry, DWS Group GmbH KGaA'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.

DWS Group GmbH KGaA's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Group GmbH KGaA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where DWS Group GmbH KGaA's Momentum Rank falls into.

DWS Group GmbH KGaA Momentum Rank Related Terms

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DWS Group GmbH KGaA (XTER:DWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DWS Group GmbH & Co KGaA (XTER:DWS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DWSd:UK DWS:Germany DWS:Germany DWS:Germany DWS:Austria

Address

Mainzer Landstrasse 11-17, Frankfurt am Main, HE, DEU, 60329

Website

https://www.dws.com

Until 2018, DWS was fully owned by Deutsche Bank, which retains a 79% interest in DWS. DWS' home German market remains important—contributing around 40% of assets under management—the EMEA region in total accounts for 70% of assets under management, and the Americas contributes nearly all of the balance, with a small Asian presence. Assets from institutional clients make up 55% of overall assets under management.

DWS Group GmbH KGaA (XTER:DWS) Headlines

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