Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Momentum Rank : 4 (As of Apr. 30, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Salvatore Ferragamo SpA Momentum Rank?

Salvatore Ferragamo SpA has the Momentum Rank of 4.

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 Salvatore Ferragamo SpA's Momentum Rank

For the Luxury Goods subindustry, Salvatore Ferragamo SpA'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.

Salvatore Ferragamo SpA's Momentum Rank Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Salvatore Ferragamo SpA's Momentum Rank falls into.

Salvatore Ferragamo SpA Momentum Rank Related Terms

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

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (OTCPK:SFRGY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SFRGF:USA SFER:Italy SFERm:UK 0P52:UK S9L:Germany

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Headlines

From GuruFocus

Wasatch International Growth Fund Comments on Salvatore Ferragamo Italia S.p.A.

By Holly LaFon • 12-08-2015

Wasatch International Growth Fund Comments on Salvatore Ferragamo Italia

By Holly LaFon • 09-25-2015

Watch Ferragamo for Italian Woes

By Holmes Osborne, CFA Holmes Osborne, CFA • 12-07-2016