H-Farm Ventures SpA (MIL:FARM) Momentum Rank : 4 (As of May. 31, 2024)

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What is H-Farm Ventures SpA Momentum Rank?

H-Farm Ventures SpA has the Momentum Rank of 4.

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 H-Farm Ventures SpA's Momentum Rank

For the Asset Management subindustry, H-Farm Ventures SpA'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.

H-Farm Ventures SpA's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, H-Farm Ventures SpA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where H-Farm Ventures SpA's Momentum Rank falls into.

H-Farm Ventures SpA Momentum Rank Related Terms

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H-Farm Ventures SpA (MIL:FARM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

5JQ:Germany

Address

Tenuta Ca 'Tron, Via Sile, 41 - 31056 Roncade, Treviso, ITA

Website

http://www.h-farmventures.com

H-Farm Ventures SpA supports the creation of new business models through investments in start-ups, enables digital transformation by providing innovative methods and approaches in digital education.