Zehnder Group AG (LTS:0R6S) Momentum Rank : 7 (As of May. 01, 2024)

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What is Zehnder Group AG Momentum Rank?

Zehnder Group AG has the Momentum Rank of 7.

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 Zehnder Group AG's Momentum Rank

For the Building Products & Equipment subindustry, Zehnder Group 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.

Zehnder Group AG's Momentum Rank Distribution in the Construction Industry

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

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

Zehnder Group AG Momentum Rank Related Terms

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Zehnder Group AG (LTS:0R6S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zehnder Group AG (LTS:0R6S) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ZEHNz:UK ZEHN:Switzerland

Address

Moortalstrasse 1, Granichen, CHE, 5722

Website

https://www.zehndergroup.com

Zehnder Group AG is an indoor climate system supplier. Its activities are divided into the radiator and ventilation business areas. The business activity of the company is functioned through Europe and China and North America. The company has two segments, Ventilation and Radiators. The ventilation segment covers the three product lines for ventilation, heat exchangers and clean air solutions. The radiator segment contains two product lines: radiators and climate ceilings. The company generates revenue from Europe.

Zehnder Group AG (LTS:0R6S) Headlines

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