Viscofan (CHIX:VISE) Momentum Rank : 9 (As of Jan. 18, 2025)

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What is Viscofan Momentum Rank?

Viscofan has the Momentum Rank of 9.

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 Viscofan's Momentum Rank

For the Packaging & Containers subindustry, Viscofan'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.

Viscofan's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viscofan's Momentum Rank distribution charts can be found below:

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

Viscofan Momentum Rank Related Terms

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Viscofan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Viscofan SA (CHIX:VISe) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VSCFF:USA VISC:Mexico 0MKW:UK VIS:Spain VIS:Germany VIS:Austria

Address

Poligono Industrial Berroa, Calle Berroa Nr. 15, 4th Floor, Tajonar, Navarra, ESP, 31192

Website

https://www.viscofan.com

Viscofan SA is a casing market and offers growth propositions in the food and health sectors outside the traditional business. It engaged in the manufacture, distribution, and marketing of all types of casings and films for food use. Its products include Cellulose, Collagen, Fibrous, Functional solutions, Plastics, Viscofan Veggie, eFAN, and Edileaf. It also manufactures casings, films, and bags obtained through the treatment of plastic polymers. It has a geographic presence in EMEA, APAC, North America, and South America.

Viscofan Headlines

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