Trigano (XPAR:TRI) Momentum Rank : 9 (As of Apr. 30, 2024)

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What is Trigano Momentum Rank?

Trigano has the Momentum Rank of 9.

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 Trigano's Momentum Rank

For the Recreational Vehicles subindustry, Trigano'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.

Trigano's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trigano's Momentum Rank distribution charts can be found below:

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

Trigano Momentum Rank Related Terms

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Trigano (XPAR:TRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trigano SA (XPAR:TRI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

0NX0:UK TGO:Germany

Address

100, Rue Petit, Cedex 19, Paris, FRA, 75165

Website

https://www.trigano.fr

Trigano SA is a French design, manufacturer and distributer of leisure vehicles and trailers. The company organizes itself into two segments: leisure vehicles and leisure equipment. Leisure vehicles, which constitute majority of the company revenue, it manufactures campervans, caravans, mobile homes, and related accessories. The vehicles segment largely derives revenue from campervan sales. Leisure equipment includes trailers, garden equipment, and camping equipment. The company generates maximum of its sales across France..