Compania Sud Americana de Vapores (XSGO:VAPORES) Momentum Rank : 5 (As of Apr. 27, 2024)

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What is Compania Sud Americana de Vapores Momentum Rank?

Compania Sud Americana de Vapores 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 Compania Sud Americana de Vapores's Momentum Rank

For the Marine Shipping subindustry, Compania Sud Americana de Vapores'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.

Compania Sud Americana de Vapores's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Compania Sud Americana de Vapores's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Compania Sud Americana de Vapores's Momentum Rank falls into.

Compania Sud Americana de Vapores Momentum Rank Related Terms

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Compania Sud Americana de Vapores (XSGO:VAPORES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Compania Sud Americana de Vapores SA (XSGO:VAPORES) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Hendaya 60, Floors 13 and 14, Santiago, CHL

Website

http://www.csav.com

Compania Sud Americana de Vapores SA is a Chilean shipping company that offers transportation services, such as the maritime carriage of liquid and solid bulk cargoes, refrigerated cargo, cars, and heavy equipment. It conducts its main line of business, container shipping, through its ownership interest in HLAG. directly provides other maritime transport services, primarily vehicle and liquid bulk cargo, and offers freight forwarder and logistics services through its subsidiary, Norgistics. CSAV operates its business through two segments, Container Shipping, and Other transport services.

Compania Sud Americana de Vapores (XSGO:VAPORES) Headlines

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