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CLEEN Energy AG (WBO:CLEN) Momentum Rank : 1 (As of Apr. 15, 2025)


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What is CLEEN Energy AG Momentum Rank?

CLEEN Energy AG has the Momentum Rank of 1.

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.


Competitive Comparison of CLEEN Energy AG's Momentum Rank

For the Electrical Equipment & Parts subindustry, CLEEN Energy AG'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.


CLEEN Energy AG's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CLEEN Energy AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CLEEN Energy AG's Momentum Rank falls into.


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CLEEN Energy AG Momentum Rank Related Terms

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CLEEN Energy AG Business Description

Traded in Other Exchanges
Address
Hollriglstrasse 8a, Haag, AUT, 3350
CLEEN Energy AG is a full-service provider of sustainable and climate-friendly solutions in the areas of renewable energy generation and energy efficiency. The company caters predominantly to small and medium-sized businesses, acting as a B2B enabler of the energy transition. It specializes in the planning and development of customized photovoltaic systems and assumes overall responsibility for its projects from conception to implementation. The various services and products offered by the company include photovoltaic solutions, including rooftop, open-space, and agricultural photovoltaic systems as well as photovoltaic carports. It also offers storage solutions and charging infrastructure for electric vehicles to support the integration of e-mobility into customer's energy supplies.

CLEEN Energy AG Headlines

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