Duro Felguera (STU:DF5B) Momentum Rank : 4 (As of Apr. 29, 2024)

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What is Duro Felguera Momentum Rank?

Duro Felguera has the Momentum Rank of 4.

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 Duro Felguera's Momentum Rank

For the Engineering & Construction subindustry, Duro Felguera'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.

Duro Felguera's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Duro Felguera's Momentum Rank distribution charts can be found below:

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

Duro Felguera Momentum Rank Related Terms

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Duro Felguera (STU:DF5B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Duro Felguera SA (STU:DF5B) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MDF:Spain

Address

Centro de Ingeniería, I+D+i y Calidad, Parque Científico Tecnológico, Calle Ada Byron 90, Gijon, Asturias, ESP, 33203

Website

http://www.durofelguera.com

Duro Felguera SA is a Spain based company engaged in executing turnkey projects for the energy, industrial and oil and gas sectors. It supplies specialized services for industries and manufactures capital goods. The company is involved in carrying out integrated projects for the construction of power generation plants, mineral treatment and bulk-handling facilities, fuel storage plants and other facilities and installations for the oil and gas industry. In the services area, the organization specializes in the erection of energy and industrial facilities. The business segments of the group are Energy; Mining and Handling; Oil and Gas; Services; Manufacturing of capital goods; and Communications.

Duro Felguera (STU:DF5B) Headlines

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