Sodexo (Sodexo) Momentum Rank : 2 (As of Apr. 28, 2024)

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What is Sodexo Momentum Rank?

Sodexo 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 of Sodexo's Momentum Rank

For the Specialty Business Services subindustry, Sodexo'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.

Sodexo's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sodexo's Momentum Rank distribution charts can be found below:

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

Sodexo Momentum Rank Related Terms

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

Sodexo (Sodexo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (OTCPK:SDXAY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SDXOF:USA SWp:UK 0J3F:UK SW:France SJ7:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130

Website

http://www.sodexo.com

Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

Sodexo (Sodexo) Headlines

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