Shurgard Self-Storage (FRA:S8V) Momentum Rank : 5 (As of May. 04, 2024)

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What is Shurgard Self-Storage Momentum Rank?

Shurgard Self-Storage 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 Shurgard Self-Storage's Momentum Rank

For the Real Estate Services subindustry, Shurgard Self-Storage'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.

Shurgard Self-Storage's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shurgard Self-Storage's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shurgard Self-Storage's Momentum Rank falls into.

Shurgard Self-Storage Momentum Rank Related Terms

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Shurgard Self-Storage (FRA:S8V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shurgard Self-Storage SA (FRA:S8V) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SSSAF:USA SHURb:UK SHUR:Belgium

Address

11 Rue De l'Industrie, Windhof, Luxembourg, LUX, L-8399

Website

https://www.shurgard.eu

Shurgard Self-Storage SA Formerly Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from France and also has a presence in the Netherlands, UK, Sweden, Belgium, Germany, and Denmark among others.

Shurgard Self-Storage (FRA:S8V) Headlines

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