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Carlson Investments SE (FRA:2HB) Momentum Rank

: 0 (As of Today)
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Carlson Investments SE 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.

Carlson Investments SE Momentum Rank Related Terms

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Carlson Investments SE (FRA:2HB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Carlson Investments SE (FRA:2HB) » Definitions » Momentum Rank
Comparable Companies
WAR:TRR WAR:BTX WAR:RPC WAR:RCA WAR:MEG WAR:MAX WAR:IZO WAR:DKR WAR:KPC WAR:PBB CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387
Traded in Other Exchanges
CAI:Poland
Address
Sienna 72/6, Warsaw, POL, 00-831
Website
https://www.carlsonvc.com
Carlson Investments SE is engaged in the manufacturing of building products. The company's core product is the HOTBLOK System of concrete blocks with an insulation insert for raising single-leaf walls of energy-saving and passive houses.

Carlson Investments SE (FRA:2HB) Headlines

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