Wal - Mart de MexicoB de CV (FRA:4GNB) Momentum Rank : 1 (As of Dec. 13, 2024)

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What is Wal - Mart de MexicoB de CV Momentum Rank?

Wal - Mart de MexicoB de CV has the Momentum Rank of 1.

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 Wal - Mart de MexicoB de CV's Momentum Rank

For the Discount Stores subindustry, Wal - Mart de MexicoB de CV'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.

Wal - Mart de MexicoB de CV's Momentum Rank Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wal - Mart de MexicoB de CV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wal - Mart de MexicoB de CV's Momentum Rank falls into.

Wal - Mart de MexicoB de CV Momentum Rank Related Terms

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Wal - Mart de MexicoB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wal - Mart de Mexico SAB de CV (FRA:4GNB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WMMVY:USA WMMVF:USA WALMEX:Mexico

Address

Nextengo No. 78, Santa Cruz Acayucan, Mexico DF, MEX, 02770

Website

https://www.walmartmexico.com

Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.

Wal - Mart de MexicoB de CV Headlines

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