Valeo (VLEEF) Momentum Rank : 4 (As of Dec. 14, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Valeo Momentum Rank?

Valeo 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 Valeo's Momentum Rank

For the Auto Parts subindustry, Valeo'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.

Valeo's Momentum Rank Distribution in the Vehicles & Parts Industry

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

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

Valeo Momentum Rank Related Terms

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

Valeo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Valeo SA (OTCPK:VLEEF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VLEEY:USA FRp:UK 0RH5:UK FR:France VSA2:Germany FR:Austria

Address

100, rue de Courcelles, Cedex 17, Paris, FRA, 75017

Website

https://www.valeo.com

Based in France, Valeo is an automotive parts supplier that operates through four business segments, including powertrain systems (PTS, 31% of 2022 revenue), thermal systems (THS, 22%), comfort and driving assistance systems (CDA, 22%), and visibility systems (VIS, 25%). As of 2022, Valeo generated 84% of its revenue through original equipment sales and 11% of revenue through aftermarket parts. The firm's five largest automaker customers accounted for 53% of 2022 revenue. Europe is Valeo's largest geographic market at 45% of 2022 revenue, followed by Asia at 33%, and Americas at 22%.