BTS Group AB (FRA:BX1B) Momentum Rank : 5 (As of Apr. 27, 2025)

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What is BTS Group AB Momentum Rank?

BTS Group AB has the Momentum Rank of 5.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of BTS Group AB's Momentum Rank

For the Consulting Services subindustry, BTS Group AB'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.

BTS Group AB's Momentum Rank Distribution in the Business Services Industry

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

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

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BTS Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BTS Group AB (FRA:BX1B) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BTS B:Sweden 0KGY:UK

Address

Grevgatan 34, Stockholm, SWE, SE-114 53

Website

https://www.bts.com

BTS Group AB is a professional services firm. The group helps companies and leaders at all levels to help them make decisions, go from decision to action, and deliver desired results. BTS services include Strategy execution & business transformation, Leadership readiness & development, Go to market, Talent acquisition & succession, leadership development, business acumen, development of sales organizations, coaching, and digital services, It operates globally and has customers such as Salesforce, SAP, Abbott, Tetra Pak, EY, Vale, and BHP. The company's geographical segments include North America, Europe, Other Markets, and APG.

BTS Group AB Headlines

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