Generali (XBUL:ASG) Momentum Rank : 6 (As of Apr. 29, 2025)

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What is Generali Momentum Rank?

Generali has the Momentum Rank of 6.

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 Generali's Momentum Rank

For the Insurance - Diversified subindustry, Generali'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.

Generali's Momentum Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Generali's Momentum Rank distribution charts can be found below:

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

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Generali Momentum Rank Related Terms

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Generali Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Generali (XBUL:ASG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ARZGY:USA ARZGF:USA G:Italy Gm:UK 0K78:UK ASG:Germany AGEN:Austria

Address

Piazza Duca degli Abruzzi, 2, Trieste, ITA, 34132

Website

https://www.generali.com

The roots of Generali date back to the 1830s and the Bora wind and rough seas that hit the Trieste region. Over that decade Generali sought to expand throughout Italy, but this growth was held back by the fragmented nature of Italy. The Italian Revolution in the 1840s paved the way for easier expansion in the country. And after World War One Trieste was eventually handed back to Italy. The dissolution of the Austro-Hungarian Empire created a fragmented Europe and a fragmented Generali. While to this day Generali remains quite a diversified company, its core operations remain in historical Austro-Hungarian countries of Austria, Central and Eastern Europe, Germany, and Italy. This is the case in Generali's nonlife business and France is also an important contributor to life and savings.