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CMB.Tech NV (XBRU:CMBT) Momentum Rank : 1 (As of May. 03, 2025)


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What is CMB.Tech NV Momentum Rank?

CMB.Tech NV 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 CMB.Tech NV's Momentum Rank

For the Oil & Gas Midstream subindustry, CMB.Tech 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.

CMB.Tech NV's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CMB.Tech NV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CMB.Tech NV's Momentum Rank falls into.


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CMB.Tech NV Momentum Rank Related Terms

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CMB.Tech NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CMB.Tech NV (XBRU:CMBT) » Definitions » Momentum Rank
Comparable Companies
XBRU:FLUX TSX:ENB WMB EPD ET KMI OKE MPLX LNG TSX:TRP TRGP CQP TSX:PPL VG WES PAA DTM TSX:ALA AM TSX:KEY
Traded in Other Exchanges
CMBT:USA 0K9A:UK OCW:Germany
Address
De Gerlachekaai 20, Antwerpen, BEL, 2000
Website
https://www.cmb.tech
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue.