VAA-Vista Alegre Atlantis (XLIS:VAFK) Momentum Rank : 0 (As of Jun. 11, 2024)

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What is VAA-Vista Alegre Atlantis Momentum Rank?

VAA-Vista Alegre Atlantis has the Momentum Rank of 0.

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.

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VAA-Vista Alegre Atlantis (XLIS:VAFK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » VAA-Vista Alegre Atlantis SA (XLIS:VAFK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VAF:Portugal

Address

Rua Nova da Trindade no 1, r/c esqdo, Lisboa, PRT, 1200 301

Website

https://www.vistaalegre.com

VAA-Vista Alegre Atlantis SA manufactures and distributes porcelain and ceramic items to wholesalers, retail shops, and direct customers in both the domestic and international markets. The company segments include Porcelain & other products, Stoneware, Crystal & Glass, and Earthenware. The company's geographical segments include Portugal, Spain, France, Germany, Italy, The Netherlands, Australia, the USA, the United Kingdom, Brazil, the Rest of Europe, and Other countries.

VAA-Vista Alegre Atlantis (XLIS:VAFK) Headlines

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