Heliad AG (XTER:A7A) Momentum Rank : 4 (As of Dec. 14, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Heliad AG Momentum Rank?

Heliad AG has the Momentum Rank of 4.

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 Heliad AG's Momentum Rank

For the Asset Management subindustry, Heliad AG'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.

Heliad AG's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Heliad AG's Momentum Rank distribution charts can be found below:

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

Heliad AG Momentum Rank Related Terms

Thank you for viewing the detailed overview of Heliad AG's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Heliad AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Heliad AG (XTER:A7A) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

A7A:Germany A7A:Germany A7A:Germany

Address

Ulmenstrasse 37-39, Frankfurt am Main, HE, DEU, 60325

Website

https://www.heliad.com

Heliad AG is engaged in building and investing in the financial service technologies (fintech) sector. It focuses on developing German fintech start-ups, as well as providing venture capital in the form of long-term participation and ongoing support of the investment. Besides, it also offers venture capital deals, such as seed and follow-on rounds for fintech companies both in Germany and internationally.

Executives

Herr Volker Rofalski	Supervisory Board
Juan Rodriguez	Board of Directors
Stefan Schütze	Board of Directors

Heliad AG Headlines

No Headlines