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Feria de Osorno (XSGO:FERIAOSOR) Momentum Rank : 0 (As of Jun. 19, 2024)


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What is Feria de Osorno Momentum Rank?

Feria de Osorno 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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Feria de Osorno (XSGO:FERIAOSOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Feria de Osorno SA (XSGO:FERIAOSOR) » Definitions » Momentum Rank
Comparable Companies
XKLS:2135 WAR:IND COL:SHAL.N0000 XKLS:2542 TSXV:INP BOM:532713 BKK:UPOIC-R TSE:1384 JSE:CKS BKK:APURE-R LSE:WBI XKLS:2569 XKLS:7085 TSE:2055 TSXV:FRN BKK:EE XKLS:8982 ASX:MCA ROCO:1240 TSE:2924
Traded in Other Exchanges
N/A
Address
Cochrane 460, Osorno, CHL
Website
http://www.fossa.cl
Feria de Osorno SA engaged in the production, distribution, import, export andmarketing of food intended for human consumption, especially dairy and meat.. It operates in the farming and agricultural sectors. Its activities include raising, auction and promotion of livestock, processing and export of meat products, distribution of agricultural machinery and equipment.

Feria de Osorno (XSGO:FERIAOSOR) Headlines

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