Aramis Group (CHIX:ARAMIP) Momentum Rank : 2 (As of Jun. 20, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Aramis Group Momentum Rank?

Aramis Group has the Momentum Rank of 2.

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 Aramis Group's Momentum Rank

For the Auto & Truck Dealerships subindustry, Aramis Group'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.

Aramis Group's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aramis Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Aramis Group's Momentum Rank falls into.

Aramis Group Momentum Rank Related Terms

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

Aramis Group (CHIX:ARAMIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aramis Group SA (CHIX:ARAMIp) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0AAA:UK ARAMI:France 6T6:Germany

Address

23 Avenue Aristide Briand, Arcueil, FRA, 94110

Website

https://www.aramis.group

Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, and the United Kingdom. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises four brands: Aramisauto, Cardoen, Clicars, and CarSupermarket, based in France, Belgium, Spain, and the United Kingdom, respectively.

Aramis Group (CHIX:ARAMIP) Headlines

No Headlines