Festi hf (OISE:FESTI) Momentum Rank : 10 (As of May. 04, 2025)

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What is Festi hf Momentum Rank?

Festi hf has the Momentum Rank of 10.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Festi hf's Momentum Rank

For the Specialty Retail subindustry, Festi hf'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.

Festi hf's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Festi hf's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Festi hf's Momentum Rank falls into.

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Festi hf Momentum Rank Related Terms

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Festi hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Festi hf (OISE:FESTI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dalvegur 10-14, Kopavogur, ISL, 201

Website

https://www.festi.is

Festi hf is an Iceland-based company that operates retail companies. Its operations consist of the food market, fuel, and service station market, and electronic equipment and smart devices market. The parent company Festi owns the subsidiaries Kronuna, which operates grocery stores of the same name, N1, which operates fuel and electricity sales service stations and various services related to lubrication and automotive services, ELKO, which is an electronics store, Lyfja, which operates 45 pharmacies and branches, Yrkir, which owns and operates the group's real estate, and Bakkann varuhotel, which specializes in warehouse services and distribution. Maximum of revenue is from Kronuna sector.

Festi hf Headlines

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