Lvmh Moet Hennessy Louis Vuitton SE (BKK:LVMH01) Momentum Rank : 0 (As of Jun. 20, 2024)

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What is Lvmh Moet Hennessy Louis Vuitton SE Momentum Rank?

Lvmh Moet Hennessy Louis Vuitton SE 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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Lvmh Moet Hennessy Louis Vuitton SE (BKK:LVMH01) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (BKK:LVMH01) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LVMUY:USA LVMHF:USA MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.

Lvmh Moet Hennessy Louis Vuitton SE (BKK:LVMH01) Headlines

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