GURUFOCUS.COM » STOCK LIST » Europe » France » XPAR » Engie SA (XPAR:ENGI) » Definitions » Momentum Rank
Switch to:

Engie (XPAR:ENGI) Momentum Rank

: 10 (As of Today)
View and export this data going back to 2005. Start your Free Trial

Engie 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

For the Utilities - Diversified subindustry, Engie'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.


Engie Momentum Rank Distribution

For the Utilities - Regulated industry and Utilities sector, Engie's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Engie's Momentum Rank falls in comparison to its industry or sector. The grey bar indicates the Momentum Rank's extreme value range as defined by GuruFocus.

Engie Momentum Rank Related Terms

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

Engie (XPAR:ENGI) Business Description

Engie logo
1, Place Samuel de Champlain, Courbevoie, FRA, 92400
Engie is a global energy firm formed by the 2008 merger of Gaz de France and Suez and the acquisition of International Power in 2012. It changed its name to Engie from GDF Suez in 2015. The company operates Europe's largest gas pipeline network, including the French system, and a global fleet of conventional and renewable power plants with 64 GW of capacity on a consolidated basis. Engie also operates a diverse suite of other energy businesses.

Engie (XPAR:ENGI) Headlines

No Headlines