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Eurocell (LSE:ECEL) Momentum Rank : 8 (As of Jun. 24, 2024)


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What is Eurocell Momentum Rank?

Eurocell has the Momentum Rank of 8.

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 Eurocell's Momentum Rank

For the Building Products & Equipment subindustry, Eurocell'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.


Eurocell's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Eurocell's Momentum Rank distribution charts can be found below:

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



Eurocell Momentum Rank Related Terms

Thank you for viewing the detailed overview of Eurocell's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Eurocell (LSE:ECEL) Business Description

Traded in Other Exchanges
Address
High View Road, South Normanton, Alfreton, GBR, DE55 2DT
Eurocell PLC is a manufacturer, distributor, and recycler of Unplasticized PVC (UPVC), a type of building plastic. Its products include UPVC windows, doors, conservatories, skylights, roofs, and roofline systems. It has various interior and outdoor living products. The company is organized into two divisions: Profiles and Building Plastics. The Profiles segment manufactures and sells window, door, and conservatory profiles to fabricators, who then supply the final products to installers, retail outlets, and home-builders. The Building Plastics unit sells and distributes Eurocell branded roofline and third-party related products to installers, small builders, and roofing contractors.

Eurocell (LSE:ECEL) Headlines

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