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Arnoldo Mondadori Editore SpA (MIL:MN) Momentum Rank : 10 (As of Dec. 11, 2024)


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What is Arnoldo Mondadori Editore SpA Momentum Rank?

Arnoldo Mondadori Editore SpA 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 Arnoldo Mondadori Editore SpA's Momentum Rank

For the Publishing subindustry, Arnoldo Mondadori Editore SpA'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.


Arnoldo Mondadori Editore SpA's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Arnoldo Mondadori Editore SpA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Arnoldo Mondadori Editore SpA's Momentum Rank falls into.



Arnoldo Mondadori Editore SpA Momentum Rank Related Terms

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Arnoldo Mondadori Editore SpA Business Description

Traded in Other Exchanges
Address
Strada privata Mondadori 19, Segrate, Milan, ITA
Arnoldo Mondadori Editore SpA is a European publishing group. It publishes books and magazines and operates retail bookstores across Italy. Books are fiction, and non-fiction, for the young genres. Magazines published are in various fields for both men and women. The company's operating segment includes Trade Books; Education Books; Retail; Media; Corporate and Shared Services. It generates maximum revenue from the Books segment.

Arnoldo Mondadori Editore SpA Headlines