GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bilfinger SE (LTS:0NRG) » Definitions » Momentum Rank

Bilfinger SE (LTS:0NRG) Momentum Rank : 10 (As of Dec. 15, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Bilfinger SE Momentum Rank?

Bilfinger SE has the Momentum Rank of 10.

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 Bilfinger SE's Momentum Rank

For the Engineering & Construction subindustry, Bilfinger SE'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.


Bilfinger SE's Momentum Rank Distribution in the Construction Industry

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

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



Bilfinger SE Momentum Rank Related Terms

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


Bilfinger SE Business Description

Traded in Other Exchanges
Address
Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163
Bilfinger SE is an international industrial services provider. It delivers customized engineering services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies. A majority of the sales are derived from Europe, with Germany being an important region for the company.

Bilfinger SE Headlines

No Headlines