Piscines Jean Desjoyaux (XPAR:ALPDX) Momentum Rank : 8 (As of May. 06, 2024)

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What is Piscines Jean Desjoyaux Momentum Rank?

Piscines Jean Desjoyaux has the Momentum Rank of 8.

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 Piscines Jean Desjoyaux's Momentum Rank

For the Leisure subindustry, Piscines Jean Desjoyaux'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.

Piscines Jean Desjoyaux's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Piscines Jean Desjoyaux's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Piscines Jean Desjoyaux's Momentum Rank falls into.

Piscines Jean Desjoyaux Momentum Rank Related Terms

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Piscines Jean Desjoyaux (XPAR:ALPDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Piscines Jean Desjoyaux (XPAR:ALPDX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DJX:Germany

Address

ZI du Bas Rolle, La Gouyonniere BP 280, La Fouillouse, FRA, 42480

Website

http://www.desjoyaux.fr

Piscines Jean Desjoyaux is a France-based company engaged in the provision of home-use swimming pool solutions, spas, and above-ground pools, as well as in the construction of public swimming pools for hotels, local communities, and campsites. The company also offers pool equipment, such as coverings and shelters, solar showers, enclosures, heating pumps, electrical heaters and exchangers, and a wide range of accessories and products for the swimming pool maintenance.

Piscines Jean Desjoyaux (XPAR:ALPDX) Headlines

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