Andrew Peller (Andrew Peller) Momentum Rank : 5 (As of Apr. 29, 2024)

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What is Andrew Peller Momentum Rank?

Andrew Peller has the Momentum Rank of 5.

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 Andrew Peller's Momentum Rank

For the Beverages - Wineries & Distilleries subindustry, Andrew Peller'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.

Andrew Peller's Momentum Rank Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Andrew Peller's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Andrew Peller's Momentum Rank falls into.

Andrew Peller Momentum Rank Related Terms

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Andrew Peller (Andrew Peller) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Andrew Peller Ltd (OTCPK:ADWPF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ANJ:Germany ADW.B:Canada ADW.A:Canada

Address

697 South Service Road, Grimsby, ON, CAN, L3M 4E8

Website

https://www.andrewpeller.com

Andrew Peller Ltd is a wine producing company. It is engaged in the production and marketing of wine and spirit products in Canada. Some of the company's brands are Peller Estates, Trius Winery, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Calona Vineyards and many more. The Company owns and operates over 100 well-positioned independent retail locations in Ontario under The Wine Shop, Wine Country Vintners, and Wine Country Merchants store.

Andrew Peller (Andrew Peller) Headlines

From GuruFocus

A Toast to Andrew Peller Ltd.

By Praveen Chawla • 08-14-2021