HMS Bergbau AG (XTER:HMU) Momentum Rank : 3 (As of May. 28, 2024)

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What is HMS Bergbau AG Momentum Rank?

HMS Bergbau AG has the Momentum Rank of 3.

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 HMS Bergbau AG's Momentum Rank

For the Thermal Coal subindustry, HMS Bergbau 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.

HMS Bergbau AG's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, HMS Bergbau AG's Momentum Rank distribution charts can be found below:

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

HMS Bergbau AG Momentum Rank Related Terms

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HMS Bergbau AG (XTER:HMU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » HMS Bergbau AG (XTER:HMU) » Definitions » Momentum Rank

Traded in Other Exchanges

HMU:Germany

Address

An der Wuhlheide 232, Berlin, DEU, 12459

Website

https://www.hms-ag.com

HMS Bergbau AG engages in the segment of trading of coal and energy commodities. It supplies steam coal, coking coal, and coking products, as well as ore, cement, and fertilizer, and offers transport logistic services. In addition, the company charters seagoing vessels and inland barges, organizes logistics by barge, train, or truck; and provides logistics solutions comprising harbor operations, storage management, and technical oversight. The majority of the company's revenue is carried out from Asia and Africa region.

Executives

Jens Moir	Board of Directors
Dennis Schwindt	Board of Directors

HMS Bergbau AG (XTER:HMU) Headlines

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