GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Veoneer Inc (NYSE:VNE) » Definitions » Momentum Rank

Veoneer (Veoneer) Momentum Rank : 0 (As of May. 05, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Veoneer Momentum Rank?

Veoneer has the Momentum Rank of 0.

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.


Veoneer Momentum Rank Related Terms

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


Veoneer (Veoneer) Business Description

Traded in Other Exchanges
N/A
Address
Klarabergsviadukten 70, Box 13089, Section C6, Stockholm, SWE, SE-103 02
Veoneer designs, develops, and makes safety electronics for the global automotive industry. Passive safety products include sensors, electronic control units, and software used to prepare seat belt pretensioners, and to deploy airbags in a collision. Active safety products include sensors, electronic control units, and software that enable advanced driver assistance systems, or ADAS, highly automated driving, or HAD, and autonomous driving, or AD. Roughly one-third of revenue comes from each of Europe, the Americas, and Asia. Daimler, Hyundai/Kia, Ford, Honda, and General Motors are the company's five largest customers, accounting for 61% of 2020 revenue.
Executives
Xi Zhang officer: EVP Business Unit VEONEER, INC. BOX 13089 STOCKHOLM V7 SE 103 02
Bisciotti Robert George Jr. officer: EVP Business Unit VEONEER, INC. BOX 13089 STOCKHOLM V7 SE 103 02
Jan Carlson director, officer: Chief Executive Officer C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Robert W Alspaugh director C/O AUTOLIV INC, KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Christer Waerge Lundstrom officer: EVP, Quality 2645 AMERICAN DRIVE SOUTHFIELD MI 48034
Jonas G Synnergren director C/O VEONEER, INC. KLARABERGSVIADUKTEN 70, SECTION C6 STOCKHOLM V7 SE-111 64
Mary Louise Cummings director C/O VEONEER, INC. KLARABERGSVIADUKTEN 70, SECTION C6 STOCKHOLM V7 SE-111 64
Wolfgang Ziebart director C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Dermot Mark Durcan director
James M Ringler director 2211 H.H. DOW WAY, MIDLAND MI 48674
Kazuhiko Sakamoto director C/O AUTOLIV INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Arthur Blanchford officer: EVP, Business Unit C/O VEONEER, INC. KLARABERGSVIADUKTEN 70, SECTION C6 STOCKHOLM V7 SE-111 64
Nishant Batra officer: EVP, Chief Technology Officer C/O VEONEER, INC., BOX 13089 STOCKHOLM V7 SE-10302
Steven Rode officer: EVP, Operations C/O AUTOLIV, INC., VASAGATAN 11, 7TH FLOOR, STOCKHOLM V7 SE-111 20
Mikael Landberg officer: EVP, Human Resources VEONEER, INC. BOX 13809 STOCKHOLM V7 SE 103 02

Veoneer (Veoneer) Headlines