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FinecoBank SpA Momentum Rank

: 2 (As of Today)
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FinecoBank SpA has the Momentum Rank of 2.

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 Banks - Regional subindustry, FinecoBank SpA'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.

   

FinecoBank SpA Momentum Rank Distribution

For the Banks industry and Financial Services sector, FinecoBank SpA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where FinecoBank SpA's Momentum Rank falls into.



FinecoBank SpA Momentum Rank Related Terms

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FinecoBank SpA Business Description

FinecoBank SpA logo
Traded in Other Exchanges
Address
Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA business model integrates direct banking and financial advice, with operations split into three segments, including banking, brokerage, and investing. Unlike most banks, FinecoBank's net revenue is split nearly evenly between net interest and net fee and commission income, given its strategic emphasis on private banking. The majority of its balance sheet assets are exposed to central Italy, with some notable exposure to the rest of Italy and other European countries. The bank has some sovereign debt exposure, mostly to in Italian and Spanish debt securities.

FinecoBank SpA Headlines

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