Compania Minera AutlanB de CV (MEX:AUTLANB) Momentum Rank : 2 (As of Dec. 11, 2024)

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What is Compania Minera AutlanB de CV Momentum Rank?

Compania Minera AutlanB de CV has the Momentum Rank of 2.

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 Compania Minera AutlanB de CV's Momentum Rank

For the Other Industrial Metals & Mining subindustry, Compania Minera AutlanB de CV'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.

Compania Minera AutlanB de CV's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Compania Minera AutlanB de CV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Compania Minera AutlanB de CV's Momentum Rank falls into.

Compania Minera AutlanB de CV Momentum Rank Related Terms

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Compania Minera AutlanB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Compania Minera Autlan SAB de CV (MEX:AUTLANB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Pedro Ramirez Vazquez 200-10, Valle Orientie, San Pedro Garza Garcia, MEX, 66269

Website

http://www.autlan.com.mx

Compania Minera Autlan SAB de CV is a Mexico based integrated mining company that explores, extracts, produces and sells manganese minerals and produces and markets ferroalloys. It operates in three areas of business namely Energy, Mining, and Ferro-Alloys. Under Energy division, it operates Atexcaco's Hydroelectric Station in Puebla. It owns three Mining facilities and three Ferroalloy plants in Mexico, as well as its own private sea terminal for its trading operations. The company's products include High Carbon Ferromanganese, Medium Carbon Ferromanganese, Low Carbon Ferromanganese, Silicomanganese, Nitrided Medium Carbon Ferromanganese, Manganese Carbonate and Manganese Nodules.

Compania Minera AutlanB de CV Headlines

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