Ignitis Group AB (OVSE:IGN1L) Momentum Rank: 0 (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OVSE:IGN1L Ignitis Group AB OVSE:IGN1L
77 GF Score
Price €22.30
GF Value €22.25
Valuation Fairly Valued
! 8 Warning Signs
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What is Ignitis Group AB Momentum Rank?

Ignitis 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.

Ignitis Group AB Momentum Rank Related Terms

OVSE:IGN1L
77GF Score
Ignitis Group AB OVSE:IGN1L
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Ignitis Group AB (OVSE:IGN1L) Overvalued in 2026?

Based on GuruFocus' analysis, Ignitis Group AB stock appears to be overvalued. The current stock price of €22.30 is trading 0.2% above its estimated GF Value™ of €22.25. GuruFocus considers Ignitis Group AB to be Fairly Valued.

Key valuation signals for OVSE:IGN1L:

  • Momentum Rank: 0
  • GF Value™: €22.25 vs. price of €22.30 (0.2% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the OVSE:IGN1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ignitis Group AB Business Description

Other Exchanges IGN:UKIGV0:Germany
Address Laisves Avenue 10, Vilnius, LTU, LT-04215
Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. The company is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X). Its business segments include Green Capacities, Networks, Reserve Capacities, Customers & Solutions, and Others. The company derives maximum revenue from Customers & Solutions segment. Geographically, it operates in Lithuania, Poland, Latvia, Finland, Estonia and Other Countries, out of which Lithuania generates majority revenue.
77GF Score

Get the complete analysis for OVSE:IGN1L

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.30
Price
€22.25
GF Value