Martinrea International (TSX:MRE) Momentum Rank : 5 (As of Apr. 11, 2025)

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What is Martinrea International Momentum Rank?

Martinrea International has the Momentum Rank of 5.

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.

Competitive Comparison of Martinrea International's Momentum Rank

For the Auto Parts subindustry, Martinrea International'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.

Martinrea International's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Martinrea International's Momentum Rank falls into.

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Martinrea International Momentum Rank Related Terms

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Martinrea International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (TSX:MRE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MRETF:USA 03M:Germany 03M:Germany

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.

Executives

Peter Cirulis	Senior Officer
Edward Waitzer	Director
Ganesh Koduvayur Venkatasubramanian Kesavan Iyer	Senior Officer
Robert Peter Edward Wildeboer	Director, Senior Officer
Alfredo Alonso	Senior Officer
Alfred Di Tosto	Senior Officer
Hany Morsy	Senior Officer
Frank Patrick D'eramo	Director
Armando Pagliari	Senior Officer
Michael Allen Leal	Senior Officer
Bruce Norman Johnson	Senior Officer
Lawrence Arthur Paine	Senior Officer
Megan Rae Hunter Lulgjuraj	Senior Officer
Kerri Lynn Pope	Senior Officer
Sandra Pupatello	Director

Martinrea International Headlines

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