Wendel SE (XPAR:MF) Momentum Rank : 8 (As of May. 04, 2024)

View and export this data going back to 1989. Start your Free Trial

What is Wendel SE Momentum Rank?

Wendel SE 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 Wendel SE's Momentum Rank

For the Asset Management subindustry, Wendel SE'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.

Wendel SE's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Wendel SE's Momentum Rank distribution charts can be found below:

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

Wendel SE Momentum Rank Related Terms

Thank you for viewing the detailed overview of Wendel SE's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Wendel SE (XPAR:MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Wendel SE (XPAR:MF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WNDLF:USA 0HZD:UK WIS:Germany

Address

89, Rue Taitbout, Paris, FRA, 75009

Website

https://www.wendelgroup.com

Wendel SE is a long-term, private equity investment firm that focuses on Africa, North America, and Europe. Over a third of the company's outstanding shares are concentrated in family wealth, which shares its name with the company. Its principal investments are in mobile telephone infrastructure, packaging and labels, paints, coatings and finishing products, and security services.

Wendel SE (XPAR:MF) Headlines

No Headlines