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EnergyO Solutions Russia AB (OSTO:EOS) Momentum Rank : 1 (As of May. 05, 2024)


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What is EnergyO Solutions Russia AB Momentum Rank?

EnergyO Solutions Russia AB has the Momentum Rank of 1.

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 EnergyO Solutions Russia AB's Momentum Rank

For the Asset Management subindustry, EnergyO Solutions Russia AB'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.

EnergyO Solutions Russia AB's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EnergyO Solutions Russia AB's Momentum Rank distribution charts can be found below:

* The bar in red indicates where EnergyO Solutions Russia AB's Momentum Rank falls into.


EnergyO Solutions Russia AB Momentum Rank Related Terms

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EnergyO Solutions Russia AB (OSTO:EOS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EnergyO Solutions Russia AB (OSTO:EOS) » Definitions » Momentum Rank
Comparable Companies
XAMS:ECT OCSE:EAC LSE:AOF XTAE:BIGT COL:GUAR.N0000 ASX:TCF HKSE:01217 JP TSXV:SGE PHS:MED
Traded in Other Exchanges
N/A
Address
Styckjunkargatan 1, Stockholm, SWE, 114 35
Website
https://www.eosinv.com
EnergyO Solutions Russia AB is an investment company that invests in Russian electricity assets. The investment objective of the company is to generate a favorable total return in absolute terms that substantially outperforms listed Russian power companies in general.