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Inversiones Nutravalor (XSGO:NUTRAVALOR) Momentum Rank : 1 (As of May. 14, 2024)


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What is Inversiones Nutravalor Momentum Rank?

Inversiones Nutravalor has the Momentum Rank of 1.

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 Inversiones Nutravalor's Momentum Rank

For the Farm Products subindustry, Inversiones Nutravalor'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.


Inversiones Nutravalor's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inversiones Nutravalor's Momentum Rank distribution charts can be found below:

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



Inversiones Nutravalor Momentum Rank Related Terms

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Inversiones Nutravalor (XSGO:NUTRAVALOR) Business Description

Traded in Other Exchanges
N/A
Address
Avenida El Gof 150, Piso 3, Las Condes, Santiago, CHL
Inversiones Nutravalor SA formerly Empresa Pesquera Eperva SA is an investment company. It is engaged in the maritime fishing with vessels and equipment; the purchase, lease and the acquisition of all kinds of vessels; exploitation of maritime transport. It is also engaged in the exploitation of the forestry activity which include the plantation of forests and their exploitation, whether as raw wood, sawn, pressed, conglomerate, cellulose.

Inversiones Nutravalor (XSGO:NUTRAVALOR) Headlines

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