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Gefran SpA (STU:GF7) Momentum Rank : 7 (As of Jun. 24, 2024)


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What is Gefran SpA Momentum Rank?

Gefran SpA has the Momentum Rank of 7.

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 Gefran SpA's Momentum Rank

For the Electronic Components subindustry, Gefran 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.


Gefran SpA's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gefran SpA's Momentum Rank distribution charts can be found below:

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



Gefran SpA Momentum Rank Related Terms

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Gefran SpA (STU:GF7) Business Description

Traded in Other Exchanges
Address
Via Sebina, 74, Provaglio d'Iseo, Brescia, ITA, 25050
Gefran SpA operates in two business divisions including industrial sensors, and automation components. The sensors business offers a complete for measuring four physical parameters of position, pressure, force, and temperature. The electronic automation components business is divided into three product lines: instrumentation, power controllers, and automation platforms. The drives business develops products and solutions to regulate speed and control alternating current (AC), direct current (DC), and brushless electric motors. It generates the majority of the revenue from sensors. It has a geographical presence in Italy, the European Union, North America, South America, and the Rest of the World.

Gefran SpA (STU:GF7) Headlines

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