Murapol (WAR:MUR) Momentum Rank : 0 (As of Jan. 18, 2025)

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What is Murapol Momentum Rank?

Murapol 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.

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Murapol Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Murapol SA (WAR:MUR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

44L:Germany

Address

Muszlowa Street, Bielsko-Biala, POL, 43-300

Website

https://www.murapol.pl

Murapol SA is a residential developers in Poland. residential developers in Poland. It has completed 81 multiphase development projects, comprising 411 buildings and about 29,800 units and offers affordable and affordable premium, predominantly two- and three-room units with an area of 35 to 55 m2.