Movado Group (Movado Group) Momentum Rank : 5 (As of Apr. 28, 2024)

View and export this data going back to 1993. Start your Free Trial

What is Movado Group Momentum Rank?

Movado Group 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 of Movado Group's Momentum Rank

For the Luxury Goods subindustry, Movado Group'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.

Movado Group's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Momentum Rank distribution charts can be found below:

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

Movado Group Momentum Rank Related Terms

Thank you for viewing the detailed overview of Movado Group's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Movado Group (Movado Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Movado Group Inc (NYSE:MOV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MV4:Germany MV4:Germany

Address

650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556

Website

https://www.movadogroup.com

Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.

Executives

Sallie A Demarsilis	officer: Chief Financial Officer	142 WEST 57TH ST, NEW YORK NY 10019
Linda Feeney	officer: SVP, Principal Acct. Officer	650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Michelle Kennedy	officer: SVP, Human Resources	650 FROM ROAD, STE. 375, PARAMUS NJ 07652
Vivian Delia	officer: SENIOR VP HUMAN RESOURCES	C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Ann Kirschner	director	650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard D Isserman	director	C/O MOVADO GROUP, INC., 650 FROM ROAD, PARAMUS NJ 07652
Maya Peterson	director	C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Efraim Grinberg	director, 10 percent owner, officer: President - CEO	C/O MOVADO GROUP INC, 650 FROM RD, PARAMUS NJ 07652
Alexander Grinberg	10 percent owner	125 CHUBB AVE, LYNDHURST NJ 07071
Behzad Soltani	officer: EVP,Commercial President & CTO	650 FROM ROAD, STE 375, PARAMUS NJ 07652-3556
Alan H Howard	director
Sussis Mitchell Cole	officer: Senior VP and General Counsel	6 YORKSHIRE DRIVE, MENDHAM NJ 07945
Stephen I Sadove	director
Maurice S Reznik	director	C/O MAIDENFORM BRANDS, INC., 154 AVENUE E, BAYONNE NJ 07002
Richard Cote	director, officer: Executive V.P. - COO