CEWE Stiftung KGaA (WBO:CWC) Momentum Rank : 8 (As of May. 12, 2024)

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What is CEWE Stiftung KGaA Momentum Rank?

CEWE Stiftung KGaA has the Momentum Rank of 8.

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 CEWE Stiftung KGaA's Momentum Rank

For the Personal Services subindustry, CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA's Momentum Rank Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Momentum Rank falls into.

CEWE Stiftung KGaA Momentum Rank Related Terms

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CEWE Stiftung KGaA (WBO:CWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » CEWE Stiftung & Co KGaA (WBO:CWC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0N8F:UK CWC:Germany CWC:Germany CWC:Germany CWC:Germany

Address

Meerweg 30 - 32, Oldenburg, NI, DEU, 26133

Website

https://www.cewe.de

CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.

CEWE Stiftung KGaA (WBO:CWC) Headlines

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