LG Electronics (LSE:LGLD) Momentum Rank

: 5 (As of Today)

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LG Electronics has the Momentum Rank of 5.

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

For the Consumer Electronics subindustry, LG Electronics'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.

LG Electronics Momentum Rank Distribution

For the Hardware industry and Technology sector, LG Electronics's Momentum Rank distribution charts can be found below:

* The bar in red indicates where LG Electronics's Momentum Rank falls into.

LG Electronics Momentum Rank Related Terms

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LG Electronics (LSE:LGLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Electronics Inc (LSE:LGLD) » Definitions » Momentum Rank

Traded in Other Exchanges

066575:Korea 066570:Korea LGLG:Germany

Address

Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lge.co.kr

LG Electronics Inc is a South Korea-based company that produces a broad range of electronic products. Its businesses are the home entertainment segment, which produces and sells TVs and digital media products; the mobile communications segment, which produces and sells mobile communications equipment; the home appliance and air solutions segment, which produces and sells washing machines, refrigerators, and other products; the vehicle components segment, which designs and produces vehicle parts; the business solutions segment, which manufactures and sells PCs, solar panels, and other products; and Innotek, which sells substrates, sensors, and other items. The company generates the majority of total revenue from the home entertainment and home appliance and air solutions segments.

LG Electronics (LSE:LGLD) Headlines

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