Schouw AS (OCSE:SCHO) Momentum Rank : 8 (As of Dec. 12, 2024)

View and export this data going back to 1993. Start your Free Trial

What is Schouw AS Momentum Rank?

Schouw AS has the Momentum Rank of 8.

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 Schouw AS's Momentum Rank

For the Conglomerates subindustry, Schouw AS'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.

Schouw AS's Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Schouw AS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Schouw AS's Momentum Rank falls into.

Schouw AS Momentum Rank Related Terms

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

Schouw AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Schouw & Co AS (OCSE:SCHO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0O0N:UK 5RF:Germany

Address

Chr. Filtenborgs Plads 1, Aarhus C, DNK, DK-8000

Website

https://www.schouw.dk

Schouw & Co AS is an industrial conglomerate making long-term investments in businesses. The investments made by the company include 1) BioMar, the manufacturer of quality feed for the fish and shrimp farming industries. 2) GPV is EMS business, manufacturer of electronics, mechanics, cable harnessing and mechatronics. 3) HydraSpecma is engaged into hydraulic solutions and components. 4) Borg Automotive is an independent automotive remanufacturing company. Sells to distributors and OE customers for almost all car makes. 5) Fibertex Personal Care is a manufacturer of spunmelt nonwovens for the personal care industry. The company sells products for baby diapers, sanitary towels and incontinence products. 6) Fibertex Nonwovens is a manufacturer of special-purpose nonwovens.