GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GAG Immobilien AG (HAM:GWK3) » Definitions » Momentum Rank

GAG Immobilien AG (HAM:GWK3) Momentum Rank : 4 (As of May. 26, 2024)


View and export this data going back to . Start your Free Trial

What is GAG Immobilien AG Momentum Rank?

GAG Immobilien AG 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 GAG Immobilien AG's Momentum Rank

For the Real Estate Services subindustry, GAG Immobilien AG'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.


GAG Immobilien AG's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GAG Immobilien AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where GAG Immobilien AG's Momentum Rank falls into.



GAG Immobilien AG Momentum Rank Related Terms

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


GAG Immobilien AG (HAM:GWK3) Business Description

Traded in Other Exchanges
N/A
Address
Josef-Lammerting-Allee 20-22, Cologne, DEU, 50933
GAG Immobilien AG is a Germany based provider of real-estate services and consultation in the city of Cologne. The company operates as a landlord, and is focused on the business of Leasing, Selling and Managing properties. In the leasing business, the company focuses on leasing the properties it owns. The organization apart from being involved in the provision of leasing services, also sells homes, condominiums, flats and buildings. In the Managing business, the entity undertakes the management and administration of third-party apartments for their owners or owner associations.

GAG Immobilien AG (HAM:GWK3) Headlines

No Headlines