Catenon (FRA:8Y9) Momentum Rank : 2 (As of Dec. 11, 2024)

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What is Catenon Momentum Rank?

Catenon 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 Catenon's Momentum Rank

For the Staffing & Employment Services subindustry, Catenon'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.

Catenon's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Catenon's Momentum Rank distribution charts can be found below:

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

Catenon Momentum Rank Related Terms

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Catenon Business Description

Industry

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Traded in Other Exchanges

COM:Spain

Address

Paseo de la Castellana 93, edificio Cadagua, Planta 11, Madrid, ESP, 28046

Website

http://www.catenon.com

Catenon SA is an executive search firm, which has a team of professionals from multiple countries, all of whom participate in domestic and international search processes in different countries and cultural settings. The company has operations in Europe, Asia, America, Oceania and Africa. Its technology platform introduces the candidates from around the world to its clients eliminating the geographical distance between candidates and stakeholders.

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