GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mostostal Warszawa SA (WAR:MSW) » Definitions » Momentum Rank

Mostostal Warszawa (WAR:MSW) Momentum Rank : 4 (As of Dec. 13, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Mostostal Warszawa Momentum Rank?

Mostostal Warszawa 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 Mostostal Warszawa's Momentum Rank

For the Engineering & Construction subindustry, Mostostal Warszawa'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.


Mostostal Warszawa's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mostostal Warszawa's Momentum Rank distribution charts can be found below:

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



Mostostal Warszawa Momentum Rank Related Terms

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


Mostostal Warszawa Business Description

Traded in Other Exchanges
N/A
Address
Ul. Konstruktorska 11A, Warszawa, POL, 02-673
Mostostal Warszawa SA is a Poland based construction company. It operates as the general contractor and undertakes construction activities in the areas of general, industrial, environmental, energy, infrastructural and road. General construction includes commercial construction like residential buildings and housing developments, office facilities, public buildings, production halls, and warehouses. Industrial construction encompasses the development of large-scale industrial projects. Infrastructural and road construction consists of the construction of bridges, overpasses, multi-level crossings and underground structures. Environmental construction consists of the execution and supply of equipment related to environmental protection, including turnkey energy facilities.