Sunrise Communications Group AG (XSWX:SRCG) Momentum Rank : 0 (As of May. 06, 2024)

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What is Sunrise Communications Group AG Momentum Rank?

Sunrise Communications Group AG 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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Sunrise Communications Group AG (XSWX:SRCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sunrise Communications Group AG (XSWX:SRCG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thurgauerstrasse 101B, Glattpark (Opfikon), Zurich, CHE, 8152

Website

https://www.sunrise.ch

Sunrise Communications Group AG is a triple-play telecommunications company. It derives revenue from the provision of mobile, voice, broadband, and pay-TV services. The majority of revenue is derived from mobile. The company operates through three segments: Residential, Business, and Wholesale. Revenue within the Residential segment stems from providing telecommunications services to residential end customers. The Business segment offers the same services except the end customer are small to medium enterprises and large corporate clients. The Wholesale segment covers services that are marketed toward national and international telecom providers as well as mobile virtual network operators. The company is an owner of the telecommunications infrastructure and generates revenue in Switzerland.

Sunrise Communications Group AG (XSWX:SRCG) Headlines

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