Perrot Duval Holding (XSWX:PEDU) Momentum Rank : 1 (As of Apr. 24, 2024)

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Perrot Duval Holding Momentum Rank Definition

Perrot Duval Holding has the Momentum Rank of 1.

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 Perrot Duval Holding's Momentum Rank

For the Specialty Industrial Machinery subindustry, Perrot Duval Holding'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.

Perrot Duval Holding's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perrot Duval Holding's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Perrot Duval Holding's Momentum Rank falls into.

Perrot Duval Holding Momentum Rank Related Terms

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Perrot Duval Holding (XSWX:PEDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Perrot Duval Holding SA (XSWX:PEDU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, rue de Candolle, Geneva, CHE, 1205

Website

https://www.perrotduval.com

Perrot Duval Holding SA is a holding company, that invests principally in financial, industrial, or commercial business enterprises. The company pursues its objective by directing its investments toward the creation and acquisition of small or medium-sized companies whose basic activities lie in technologies and, subsequently, the sale of such companies. The company operates in three segments that includes, Automated production processes, Chemical cosmetics activity, and Others.

Perrot Duval Holding (XSWX:PEDU) Headlines

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