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Adolfo Dominguez (LTS:0DGZ) Momentum Rank : 0 (As of May. 26, 2024)


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What is Adolfo Dominguez Momentum Rank?

Adolfo Dominguez has the Momentum Rank of 0.

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.

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Adolfo Dominguez (LTS:0DGZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Adolfo Dominguez SA (LTS:0DGZ) » Definitions » Momentum Rank
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XMAD:AZK XMAD:AEDAS XMAD:NTH XMAD:CIE XMAD:NEA XMAD:GCO XMAD:BKT XMAD:ENG XMAD:TUB XMAD:ALB OSTO:HM B MIL:MONC RL LEVI WAR:LPP PVH HKSE:03998 TSX:GIL SHSE:600398 VFC
Traded in Other Exchanges
ADZ:Spain
Address
Street 4, Plot 8, Industrial Area, San Ciprian de Vinas, Ourense, ESP, 32901
Website
https://adz.adolfodominguez.com
Adolfo Dominguez SA designs, manufactures, and sells apparel and accessories. It offers shirts, T-shirts, jackets, knitting, skirts, trousers and sweaters, bags, shoes, scarf, jewelry and belts to men, women and children. The firm deals in ready-made clothing, footwear, handbags and accessories, household linens, furniture products, and decorative objects.

Adolfo Dominguez (LTS:0DGZ) Headlines

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