Uniper SE (WBO:UN02) Momentum Rank : 1 (As of May. 26, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Uniper SE Momentum Rank?

Uniper SE has the Momentum Rank of 1.

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 Uniper SE's Momentum Rank

For the Utilities - Independent Power Producers subindustry, Uniper SE'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.

Uniper SE's Momentum Rank Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Uniper SE's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Uniper SE's Momentum Rank falls into.

Uniper SE Momentum Rank Related Terms

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

Uniper SE (WBO:UN02) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Uniper SE (WBO:UN02) » Definitions » Momentum Rank

Traded in Other Exchanges

UNPRF:USA 1UN:Italy UN0d:UK 0RJ4:UK UN0:Germany

Address

Holzstrasse 6, Dusseldorf, DEU, 40221

Website

https://www.uniper.energy

Uniper SE is a Germany-based energy generation and energy trading company. The firm operates through three segments: European Generation, Global Commodities, Russian Power Generation and Administration/Consolidation. The European Generation segment generates power and owns coal, gas, oil and combined gas and steam power plants, hydroelectric power plants, nuclear power stations in Sweden, a biomass plant in France, as well as solar and wind power facilities; the Global Commodities segment bundles the energy trading activities, and the Russian Power Generation segment comprises power generation business of Uniper Group in Russia. The Global Commodities segment is responsible for a large majority of revenue.

Uniper SE (WBO:UN02) Headlines

No Headlines