Holland Colours (XAMS:HOLCO) Momentum Rank : 5 (As of Apr. 26, 2024)

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What is Holland Colours Momentum Rank?

Holland Colours 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 Holland Colours's Momentum Rank

For the Specialty Chemicals subindustry, Holland Colours'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.

Holland Colours's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Holland Colours's Momentum Rank distribution charts can be found below:

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

Holland Colours Momentum Rank Related Terms

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Holland Colours (XAMS:HOLCO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HCY:Germany

Address

Halvemaanweg 1, P.O. Box 720, Apeldoorn, GE, NLD, 7323 RW

Website

https://www.hollandcolours.com

Holland Colours creates and manufactures high-quality solid and liquid colorants, masterbatches, and additives. The company and its subsidiaries manufacture, distribute, and sell color concentrates. Its products are designed to be well suited for coloring rigid and flexible polyvinyl chloride, pet, polyolefins, and other polymers. The company serves many different markets which include building and construction but is not limited to, profiles, pipes, siding, and cladding. In addition, to serving these markets, it also offers color concentrates for coatings, elastomers, adhesives, and other applications. The company operates geographically across Europe, the United States of America, and Asia.

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