Cellcom Israel (XTAE:CEL) Momentum Rank : 0 (As of Apr. 24, 2025)

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What is Cellcom Israel Momentum Rank?

Cellcom Israel has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Cellcom Israel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cellcom Israel Ltd (XTAE:CEL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CELJF:USA F5U:Germany

Address

10 Hagavish Street, Netanya, ISR, 4250708

Website

https://www.cellcom.co.il

Cellcom Israel Ltd is engaged in the wireless provider in Israel and holds about one third of the market. The company offers basic voice and data services such as Web browsing and music downloads. Cellcom is also launching a next-generation wireless service that supports higher data capacity. The company went public in February 2007, and its shareholder, Discount Investment, owns about 47% of its shares.

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