Trevi Finanziaria Industriale SpA (MIL:TFI) Momentum Rank : 9 (As of May. 12, 2024)

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What is Trevi Finanziaria Industriale SpA Momentum Rank?

Trevi Finanziaria Industriale SpA has the Momentum Rank of 9.

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 Trevi Finanziaria Industriale SpA's Momentum Rank

For the Engineering & Construction subindustry, Trevi Finanziaria Industriale 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.

Trevi Finanziaria Industriale SpA's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trevi Finanziaria Industriale SpA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Trevi Finanziaria Industriale SpA's Momentum Rank falls into.

Trevi Finanziaria Industriale SpA Momentum Rank Related Terms

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Trevi Finanziaria Industriale SpA (MIL:TFI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0G91:UK

Address

201, Via Larga, Cesena, ITA, 47522

Website

https://www.trevifin.com

Trevi Finanziaria Industriale SpA is the holding company. The company's segment includes Special foundation works and the Manufacture of special machinery for foundations. It generates maximum revenue from the Special foundation works segment. The geographical segment includes Italy; Europe; the USA and Canada; Latin America; Africa; the Middle East and Asia and the far east and the rest of the world. It derives a majority of its revenue from the USA and Canada. The group is also active in the sector of renewable energy, mainly wind energy.