Chapters Group AG (XTER:CHG) Momentum Rank : 6 (As of Jun. 09, 2024)

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What is Chapters Group AG Momentum Rank?

Chapters Group AG has the Momentum Rank of 6.

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 Chapters Group AG's Momentum Rank

For the Information Technology Services subindustry, Chapters Group 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.

Chapters Group AG's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Chapters Group AG's Momentum Rank distribution charts can be found below:

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

Chapters Group AG Momentum Rank Related Terms

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Chapters Group AG (XTER:CHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Chapters Group AG (XTER:CHG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CHG:Germany CHG:Germany

Address

Herzog-Adolph-Strasse 7, Koenigstein Im Taunus, DEU, 61462

Website

https://www.chaptersgroup.de

Chapters Group AG is a holding company investing in attractive small- and mid-sized enterprises from various sectors. It pursue a long-term and entrepreneurial investment approach.

Executives

Marlene Carl	Board of Directors
Jan-hendrik Mohr	Board of Directors
Dr. Martin Possienke	Supervisory Board
Dirk Isenberg	Board of Directors

Chapters Group AG (XTER:CHG) Headlines

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