Wolters Kluwer NV (XAMS:WKL) Momentum Rank : 10 (As of Dec. 14, 2024)

View and export this data going back to 1984. Start your Free Trial

What is Wolters Kluwer NV Momentum Rank?

Wolters Kluwer NV has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Wolters Kluwer NV's Momentum Rank

For the Specialty Business Services subindustry, Wolters Kluwer NV'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.

Wolters Kluwer NV's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wolters Kluwer NV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wolters Kluwer NV's Momentum Rank falls into.

Wolters Kluwer NV Momentum Rank Related Terms

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

Wolters Kluwer NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wolters Kluwer NV (XAMS:WKL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WTKWY:USA WOLTF:USA WKLa:UK 0NMU:UK WOS:Germany WOS:Germany WOSB:Germany WOSB:Germany WOSB:Germany WOSB:Germany WKL:Austria

Address

Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400

Website

https://www.wolterskluwer.com

Wolters Kluwer is a global provider of professional information, software solutions, and services in health; tax and accounting; environmental, social, and governance; finance; compliance; and legal. More than 60% of revenue is generated in North America and around 30% is from Europe.

Wolters Kluwer NV Headlines

No Headlines