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Mercedes-Benz Group AG (WAR:MBG) Momentum Rank : 0 (As of Apr. 12, 2025)


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What is Mercedes-Benz Group AG Momentum Rank?

Mercedes-Benz Group AG has the Momentum Rank of 0.

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.

Mercedes-Benz Group AG Momentum Rank Related Terms

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Mercedes-Benz Group AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (WAR:MBG) » Definitions » Momentum Rank
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XTER:VOW3 XTER:BMW XTER:P911 XTER:PAH3 TSLA TSE:7203 SZSE:002594 MIL:RACE GM NSE:MARUTI TSE:7267 F NSE:M&M XKRX:005380 NSE:TATAMOTORS MIL:STLAM LI HKSE:02333 SHSE:601127 BOM:532977
Traded in Other Exchanges
MBGYY:USA MBGAF:USA DAI:Romania MBG:Mexico 1MBG:Italy MERCEDESBENZ:Hungary MBGd:UK 0NXX:UK MBG:Germany MB:Canada BENZ:Canada MBG:Bulgaria MBG:Austria
Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Website
https://group.mercedes-benz.com
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.