Petros Petropoulos (ATH:PETRO) Momentum Rank : 2 (As of Apr. 24, 2025)

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What is Petros Petropoulos Momentum Rank?

Petros Petropoulos has the Momentum Rank of 2.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Petros Petropoulos's Momentum Rank

For the Farm & Heavy Construction Machinery subindustry, Petros Petropoulos'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.

Petros Petropoulos's Momentum Rank Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Petros Petropoulos's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Petros Petropoulos's Momentum Rank falls into.

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Petros Petropoulos Momentum Rank Related Terms

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Petros Petropoulos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Petros Petropoulos SA (ATH:PETRO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

96-104, Iera Odos, Athens, GRC, 10447

Website

http://www.petropoulos.com

Petros Petropoulos SA is engaged in the manufacturing, modification, distribution of a wide range of automotive products. Its reportable segments include Vehicle which includes Truck and Bus Business Units, Isuzu and Land Rover and Jaquar, Self-Propelled Machines which includes the Petrogen Business Units (Electric Power Supply), E & B (Engines and Boats), McCormick and KUBOTA (Agricultural Machinery) and I E (Industrial Equipment), Lubricants and Batteries and Real Estate. It derives most of the revenue from Vehicle segment.

Petros Petropoulos Headlines

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