GBLBY (Groupe Bruxelles Lambert) Momentum Rank : 4 (As of Dec. 14, 2024)

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What is Groupe Bruxelles Lambert Momentum Rank?

Groupe Bruxelles Lambert has the Momentum Rank of 4.

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 Groupe Bruxelles Lambert's Momentum Rank

For the Asset Management subindustry, Groupe Bruxelles Lambert'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.

Groupe Bruxelles Lambert's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Groupe Bruxelles Lambert's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Groupe Bruxelles Lambert's Momentum Rank falls into.

Groupe Bruxelles Lambert Momentum Rank Related Terms

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Groupe Bruxelles Lambert Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Groupe Bruxelles Lambert SA (OTCPK:GBLBY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GBLBF:USA 0IN2:UK EAI:Germany GBLB:Belgium

Address

24, Avenue Marnix, Brussels, BEL, B-1000

Website

https://www.gbl.be

Groupe Bruxelles Lambert SA is an investment holding company, that operates as a foremost investor in Europe, focused on long-term value creation. The business activities of the firm are operated through Holding, Imerys, Webhelp/Sapiens, Canyon/GfG CapitaL, and Sienna Investment Managers. Geographically, it derives a majority of its revenue from Europe and also has a presence in Asia-Oceania; North America, and other countries. It has seven segments Holding, Imerys, Webhelp, Canyon, Affidea, Sanoptis, and GBL Capital and Sienna Investment Managers.

Groupe Bruxelles Lambert Headlines

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