Banque Cantonale de Geneve (STU:1J8N) Momentum Rank : 3 (As of May. 25, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Banque Cantonale de Geneve Momentum Rank?

Banque Cantonale de Geneve has the Momentum Rank of 3.

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 Banque Cantonale de Geneve's Momentum Rank

For the Banks - Regional subindustry, Banque Cantonale de Geneve'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.

Banque Cantonale de Geneve's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banque Cantonale de Geneve's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Banque Cantonale de Geneve's Momentum Rank falls into.

Banque Cantonale de Geneve Momentum Rank Related Terms

Thank you for viewing the detailed overview of Banque Cantonale de Geneve's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Banque Cantonale de Geneve (STU:1J8N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Cantonale de Geneve (STU:1J8N) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BCGEz:UK BCGE:Switzerland

Address

Quai de L'Ile 17, P.O. Box 2251, Geneva, CHE, 1211

Website

https://www.bcge.ch

Banque Cantonale de Genève (BCGE) is a Switzerland-based bank which provides the services of a regional full-service bank and has the particular role of contributing to the economic development of the canton and of the region. Its activities include providing mortgage lending and commercial and personal loans as well as loans for international trade. The group is also active in online banking as well as asset management and manages public offerings and placements in the financial markets.

Banque Cantonale de Geneve (STU:1J8N) Headlines

No Headlines