Credit Agricole Nord de France (XPAR:CNDF) Momentum Rank : 6 (As of Dec. 15, 2024)

View and export this data going back to 2002. Start your Free Trial

What is Credit Agricole Nord de France Momentum Rank?

Credit Agricole Nord de France has the Momentum Rank of 6.

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 Credit Agricole Nord de France's Momentum Rank

For the Banks - Regional subindustry, Credit Agricole Nord de France'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.

Credit Agricole Nord de France's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Agricole Nord de France's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Credit Agricole Nord de France's Momentum Rank falls into.

Credit Agricole Nord de France Momentum Rank Related Terms

Thank you for viewing the detailed overview of Credit Agricole Nord de France's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Credit Agricole Nord de France Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credit Agricole Nord de France (XPAR:CNDF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0AHI:UK

Address

10 Avenue Foch, BP 369, Lille, FRA, 59020

Website

http://www.ca-norddefrance.fr

Crédit Agricole Nord de France operates as a regional bank in France. It offers saving products; credit services; short, medium, and long-term loans; and insurance products. The company provides its products to individuals, businesses, associations, and farmers.

Credit Agricole Nord de France Headlines

No Headlines