Smart Equity AG (HAM:SE3) Momentum Rank : 3 (As of Dec. 15, 2024)

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What is Smart Equity AG Momentum Rank?

Smart Equity AG has the Momentum Rank of 3.

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 Smart Equity AG's Momentum Rank

For the Asset Management subindustry, Smart Equity AG'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.

Smart Equity AG's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Smart Equity AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Smart Equity AG's Momentum Rank falls into.

Smart Equity AG Momentum Rank Related Terms

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Smart Equity AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Smart Equity AG (HAM:SE3) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lutticher Strasse 8a, Cologne, DEU, 50674

Website

https://www.smartequityag.de

Smart Equity AG is a Germany-based investment company. It is engaged in Bitcoin mining. It focuses on DLT and digital transformation-related projects.

Executives

Dr. Georg Issels	Supervisory Board
Dr. Johannes Blome-drees	Board of Directors

Smart Equity AG Headlines

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