Viaplay Group AB (OSTO:VPLAY A) Momentum Rank : 0 (As of May. 05, 2025)

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What is Viaplay Group AB Momentum Rank?

Viaplay Group AB has the Momentum Rank of 0.

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.

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Viaplay Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Viaplay Group AB (OSTO:VPLAY A) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NENTF:USA VPLAY B:Sweden VPLABs:UK NEB:Germany

Address

Ringvagen 52, P.O. Box 2094, Stockholm, SWE, SE-103 13

Website

https://www.viaplaygroup.com

Viaplay Group AB is a Sweden-based company that offers television channels and radio stations broadcasting and production services. The company generates revenue from Viaplay, Linear Subscription & others, and Advertising. The company's operating segment includes Nordics and International. The Nordics segment includes the Group's operations related to the Viaplay streaming service available in all Nordic countries, pay-TV channels in all Nordic countries except Iceland; commercial free-TV channels in Sweden, Denmark, and Norway; and commercial radio networks and audio streaming services in Sweden and Norway. The International segment includes the Group's streaming service Viaplay and sales in the regions of Continental Europe, the Baltics, the UK, and North America.

Viaplay Group AB Headlines

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