Dogan Burda Dergi Yayincilik ve Pazarlama AS (IST:DOBUR) Momentum Rank : 0 (As of Jun. 18, 2024)

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What is Dogan Burda Dergi Yayincilik ve Pazarlama AS Momentum Rank?

Dogan Burda Dergi Yayincilik ve Pazarlama AS has the Momentum Rank of 0.

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.

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Dogan Burda Dergi Yayincilik ve Pazarlama AS (IST:DOBUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dogan Burda Dergi Yayincilik ve Pazarlama AS (IST:DOBUR) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Mecidiyekoy Kustepe District Road Street, Number 12, Trump Towers, Tower 2 Floor, Sisli, Istanbul, TUR, 34387

Website

http://www.doganburda.com

Dogan Burda Dergi Yayincilik ve Pazarlama AS is a Turkey-based company involved in the publishing of Magazines. It has licensing agreements with various international publishing brands of magazines including Auto Show, Here, Capital, Elle and Elle Decoration, Maison Francaise, Chip and Level and, Popular Science.

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