Raiffeisen Bank International AG (WBO:RBI) Momentum Rank : 10 (As of Apr. 25, 2024)

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What is Raiffeisen Bank International AG Momentum Rank?

Raiffeisen Bank International AG has the Momentum Rank of 10.

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 Raiffeisen Bank International AG's Momentum Rank

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Raiffeisen Bank International AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Raiffeisen Bank International AG's Momentum Rank falls into.

Raiffeisen Bank International AG Momentum Rank Related Terms

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Raiffeisen Bank International AG (WBO:RBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Raiffeisen Bank International AG (WBO:RBI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

RAIFY:USA RAIFF:USA RBIv:UK 0NXR:UK RAW:Germany RBI:Czech Republic

Address

Am Stadtpark 9, Vienna, AUT, 1030

Website

https://www.rbinternational.com

Raiffeisen Bank International AG part of Raiffeisen Banking Group is the largest banking group in Austria in terms of total assets. RBG makes up one-fourth of the Austrian banking sector. Raiffeisen Bank regards Austria and Central and Western Europe as its home markets, and The company operates in three main geographical segments: Central Europe (the Czech Republic, Hungary, Poland, Slovakia, and Slovenia), Southeastern Europe (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Romania, and Serbia), and Eastern Europe (Belarus, Russia, and Ukraine).

Executives

Mag. Peter Anzeletti-reikl

Supervisory Board

Raiffeisen Bank International AG (WBO:RBI) Headlines

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