Brederode (XBRU:BREB) Momentum Rank

: 8 (As of Today)

View and export this data going back to 2014. Start your Free Trial

Brederode has the Momentum Rank of 8.

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

For the Asset Management subindustry, Brederode'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.

Brederode Momentum Rank Distribution

For the Asset Management industry and Financial Services sector, Brederode's Momentum Rank distribution charts can be found below:

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

Brederode Momentum Rank Related Terms

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

Brederode (XBRU:BREB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brederode SA (XBRU:BREB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BREL:Luxembourg

Address

4, Place Winston Churchill, Luxembourg, LUX, L-1340

Website

https://www.brederode.eu

Brederode SA is an international investment company that primarily manages private equity portfolios and listed Securities portfolio. The company's private equity consists of long-term commitments to limited partnerships or funds. General partners bringing professional experience are grouped with institutional investors (limited partners) to comprise one of Brederode's teams. Funds aim to follow buyout strategies that focus on acquiring a controlling interest and using financial leverage in mature companies. Investments are chosen after a due diligence process that includes managerial interviews and examination of ad hoc documents. The United States comprises nearly half of Brederode's uncalled commitments and current investments.

Brederode (XBRU:BREB) Headlines

No Headlines