Arco Vara AS (OTSE:ARC1T) Momentum Rank : 0 (As of Jun. 19, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Arco Vara AS Momentum Rank?

Arco Vara AS has the Momentum Rank of 0.

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.

Arco Vara AS Momentum Rank Related Terms

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

Arco Vara AS (OTSE:ARC1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arco Vara AS (OTSE:ARC1T) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Rotermanni 10, Tallinn, EST, 10111

Website

https://www.arcovara.com

Arco Vara AS is a real estate group in the Baltic States. The group is engaged in real estate development and services related to real estate. The main activity of the group is the development of complete living environments and related commercial real estate. In the development of the living environment, the completed homes are sold to the final consumer. The focus of the group is on the development of the residential real estate. The company operates in a single segment which is the construction and development segment. Its primary geographic markets are Estonia and Bulgaria.

Arco Vara AS (OTSE:ARC1T) Headlines

No Headlines