Tatry Mountain Resorts AS (WAR:TMR) Momentum Rank : 4 (As of Jun. 25, 2024)

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What is Tatry Mountain Resorts AS Momentum Rank?

Tatry Mountain Resorts AS 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 Tatry Mountain Resorts AS's Momentum Rank

For the Resorts & Casinos subindustry, Tatry Mountain Resorts AS'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.

Tatry Mountain Resorts AS's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tatry Mountain Resorts AS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tatry Mountain Resorts AS's Momentum Rank falls into.

Tatry Mountain Resorts AS Momentum Rank Related Terms

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Tatry Mountain Resorts AS (WAR:TMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tatry Mountain Resorts AS (WAR:TMR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

1TMR001E:Slovakia TMR:Czech Republic

Address

Demanovska Dolina 72, Liptovsky Mikulas, SVK, 031 01

Website

https://www.tmr.sk

Tatry Mountain Resorts AS is engaged in the operation of mountain resorts and amusement parks and the provision of tourist services in Central and Eastern Europe with a portfolio including the mountain resorts, amusement parks, golf resorts and hotels in the region. The company's business is divided into seven main segments - Mountain Resorts, Amusement Parks, Golf, Restaurants, Sports Services and Shops, Hotels and Real Estate Projects. The company owns or leases and operates mountain resorts in the High and Low Tatras, the Czech Republic, the Polish Beskydy Mountains and, most recently, Austria. The company also offers comprehensive additional services in resorts, such as restaurants, ski schools, sports shops and rental and service of ski equipment.

Tatry Mountain Resorts AS (WAR:TMR) Headlines

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