Nrj Group (LTS:0IXL) Momentum Rank : 4 (As of Dec. 13, 2024)

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What is Nrj Group Momentum Rank?

Nrj Group 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 Nrj Group's Momentum Rank

For the Broadcasting subindustry, Nrj Group'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.

Nrj Group's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nrj Group's Momentum Rank distribution charts can be found below:

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

Nrj Group Momentum Rank Related Terms

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Nrj Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nrj Group (LTS:0IXL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NRG:France NR8:Germany

Address

22 rue Boileau, Paris, FRA, 75016

Website

http://www.nrjgroup.fr

Nrj Group is a media company operating as a publisher, producer, broadcaster and marketing its own media spaces. It operates with the brand names NRJ, CHERIE FM, NOSTALGIE and RIRE & SONGS. The company operates two free national channels under the brand name NRJ 12 and CHERIE 25 and a pay channel under the brand NRJ HITS. It also operates an international radio station and production of musical theatre. The company operates in France as well as an outside country either through direct operations or through NRJ / ENERGY brand licenses, the first international radio brand, and/or NOSTALGIE / NOSTALGIA.

Nrj Group Headlines

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