GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Anagenics Ltd (ASX:AN1) » Definitions » Momentum Rank

Anagenics (ASX:AN1) Momentum Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Anagenics Momentum Rank?

Anagenics 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.

Anagenics Momentum Rank Related Terms

Thank you for viewing the detailed overview of Anagenics's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Anagenics (ASX:AN1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Anagenics Ltd (ASX:AN1) » Definitions » Momentum Rank
Comparable Companies
ASX:SKN ASX:ZNO ASX:S66 PG XPAR:OR LSE:ULVR CL BOM:500696 EL KMB LSE:RKT KVUE XTER:BEI XTER:HEN3 XAMS:DSFIR CHD TSE:4452 XSWX:GALD TSE:8113 OSTO:ESSITY B
Traded in Other Exchanges
N/A
Address
55 Clarence Street, Suite 204, Level 2, Sydney, NSW, AUS, 2000
Website
https://www.anagenics.com
Anagenics Ltd has evolved into a growing beauty, health, and wellness business with a portfolio of functional skin, hair, and wellness brands. It develops and sells differentiated and clinically validated solutions for a range of conditions associated with aging. It includes validated consumer products to help people live longer, in good health, and with confidence. Its brands include Evolis and Uspa.

Anagenics (ASX:AN1) Headlines

No Headlines